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Are Fundamentals Firming for the Job Market?

Some quirks boosted the September employment report, but several factors--including higher wages and a construction upturn--suggest tailwinds for further improvement ahead.

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Jason Stipp: I'm Jason Stipp for Morningstar.

We got the government's September employment report on Friday. The number of jobs added at 114,000 was just at consensus, but the unemployment rate surprisingly dropped to 7.8% from 8.1%. So, what's behind that?

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Jason Stipp does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.