August Jobs Report: Sector Performance Insights

Reported about 1 month ago

The August jobs report revealed a disappointing addition of 142,000 jobs, with notable gains in the construction and healthcare sectors. The construction sector added 34,000 jobs, aided by non-residential construction projects, while healthcare added 31,000 jobs, primarily in ambulatory care. However, softness in residential construction indicated challenges in the housing market. Overall, the report fell short of expectations.

Source: YAHOO

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