MST Blog August Report Positive on Jobs and Earnings

Guest blog by Dr. Tom Cunningham, Economist and MST Advisory Services, Senior Advisor- Economics  The September 7 national Employment Situation Report from the Bureau of Labor Statistics showed a net gain of 201,000 jobs for the month of August, 10,000 more than expected. It’s a strong number, if somewhat compromised by the lower than expected 157,000 jobs reported for July as well as a downward revision of 50,000 jobs to the combined May and June reports.