by JOE GUZZARDI T he July Bureau of Labor Statistics report was a blockbuster.
The economy created 528,000 jobs, and unemployment dipped to 3.5 percent, well ahead of Dow Jones’ 258,000 new jobs and 3.6 percent unemployment estimates. Wage growth also rose; average hourly earnings increased 0.5 percent for the month and 5.2 percent year-over-year, higher than, respectively, the .03 percent and 4.9 …
