Reading the Jobs report

Rosemary1

1. July and June private sector hiring were revised up a lot: July: from 71K to 107k, June from 31K to 61K,
2. August private sector hiring  67K jobs
3. temporary employment rose by nearly 17K------> future permanent employment source
4. average hourly earnings increased more than expected
5. unemployment rate is still high 9.6%, actual unemployment rate is still 16.5%+
6. more people come back to look for work


In August job report, it was expected to have 90K private sector hiring, then came as 71K, now revised up to 107k!!
market losses in August will be recovered..........