Celebrate Labor Day, job growth or not
It's only fitting the U.S. takes a day off on Monday to celebrate labor. After all, the labor market needs some cheering up. Today's non-farm payroll report found zero job growth for August and downgraded previous growth numbers for June and July.
The brightest spot in the NFP report came in an industry pharma types know well and love: healthcare. The sector managed to add 30,000 jobs in the midst of decline elsewhere. So, folks in the drug business may really have reason to celebrate Monday. We'll be looking on the bright side on our Labor Day holiday. We hope you do, too. - Tracy Staton (email | twitter)