Instant Reaction: US Adds 162,000 Jobs, Topping All Estimates | Bloomberg Surveillance
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US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought. Nonfarm payrolls increased 162,000 last month and July’s job losses were revised away, according to Bureau of Labor Statistics data out Friday. The August increase topped all estimates in a Bloomberg survey. The unemployment rate remained at 4.1%. Bloomberg's Tom Keene and Damian Sassower get reaction from: Claudia Sahm, Chief Economist at New Century Advisors, brings us into the jobs report Amy Wu Silverman, Head: Derivatives Strategy at RBC, reacts to today's jobs report Kristina Campmany, Senior Portfolio Manager at Invesco, talks about the bond market's reaction to jobs See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Tom Keene, Paul Sweeney, Lisa Mateo and Michael Barr have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the
Tags: Business, Business News, Daily News, Investing, Jon Ferro, Lisa Abramowicz, News, Paul Sweeney, Tom Keene, bloomberg, bloomberg podcast, bloomberg radio, bloomberg surveillance, finance, markets, news, podcast, surveillance
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