The labor market turned in a strong showing for the second straight month in July as employers added 255,000 jobs, pointedly easing concerns stoked by a spring slump. Economists surveyed by Bloomberg had forecast 180,000 job gains.
Average hourly wages rose 8 cents to $25.69 and are up 2.6% the past year, maintaining the annual rise posted in June. Manufacturers, still buffeted by a weak global economy and the oil industry downturn, added 9,000 jobs in a sign the sector may be stabilizing.
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