Another month, another closely watched employment report. The U.S. Bureau of Labor Statistics reported the U.S. added 943,000 non-farm payrolls in July. The unemployment rate declined to 5.4%.
Economists surveyed by FactSet expected the U.S. to have added 862,500 jobs.
Leisure and hospitality, education and professional and business services were among the sectors to experience the biggest growth in their respective workforces.
Following the report, stocks were mixed with the Dow Jones Industrial Average up 55.75 points, the Nasdaq Composite down 57.75 points and the S&P 500 up 0.75 of a point