Employment Report Suggests Healthy Economy

A new employment report gives an encouraging read of the U.S. economy's health. Employers added more than 160,000 jobs, indicating that the economy is holding up fairly well. There were increases in professional and business services as well as government jobs, offsetting a slide in other sectors such as retail, manufacturing and construction.

The refreshing report comes a day after a slew of tepid reports that sent the Dow Jones industial average down more than 360 points, a drop of more than 2.5 percent.

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