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A Good Month for Quality Job Growth

Morningstar’s Bob Johnson sees the addition of jobs in the higher-paying sectors and a stable hours-worked metric as good signs for the labor market.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser.

The U.S. economy added 209,000 jobs in July. I am here today with Bob Johnson, our director of economic analysis, to see just how high-quality some of those positions were.