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'Meh': Economists React To July's Jobs Report On Twitter

Nonfarm payroll employment increased by 164,000 jobs in July, the U.S. Bureau of Labor Statistics reported Friday, marking the country's 106th straight month of employment gains. 

The unemployment rate held at 3.7%.


Industries relevant to commercial real estate, including construction and retail trade, saw little change in employment in July. Manufacturing employment has also changed little in 2019 after seeing industry job gains average 22,000 per month in 2018.

May and June employment numbers were revised downward in July's report, making combined gains for these months 41,000 less than previously reported. Following these revisions, job gains for the last three months have averaged 140,000 per month.

Here's how economists and others reacted to the jobs report on Twitter.










CORRECTION, AUG. 2, 12:50 P.M. ETA previous headline on this story misstated the month of the latest jobs report. This story has been updated.