The economy added 255,000 jobs—better than the 179,000 economists were looking for—with upward revisions to previous... The July employment report was strong all around. Half of the Federal Reserve’s dual mandate is to help bring the economy to full employment. With Friday’s jobs report, it may be getting very close to achieving that goal. But that alone may not be enough for the central bank to start lacing up its hiking boots.

Source: Wall Street Journal August 05, 2016 16:18 UTC