U.S. hiring seen rebounding in September

Hiring had faltered in August but a range of signs from robust retail sales to optimism among factory managers point to a level of economic vigor unseen since before the 2007-09 recession. The business sector is now much more likely to hire even before there is a fall in their inventories," said Patrick O'Keefe, an economist at CohnReznick and a former U.S. The Labor Department will release its monthly employment report at 8:30 a.m. on Friday. The report regularly sets the tone for financial markets worldwide.

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