– Job growth for May and June averaged 258,000 with the revisions, the strongest two-month period since July 2016.
– These strong summer months lifted 3-month average payroll growth to 224,333 and 1-year average payroll growth to 200,000.
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Source:
LPL Research, U.S. Department of Labor 08/03/18
Important Disclosures:
Past performance is no guarantee of future results.
The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security.