The economy added 255,000 new jobs last month. The unemployment rate steady at 4.9%. We’ll dig into the details. Financial Review by Sinclair Noe for 08-05-2016 DOW + 191 = 18,543 SPX + 18 = 5182 NAS + 54 = 5221 10 Y + .07 = 1.57 OIL – .02 = 41.91 GOLD – 23.70 = 1337.70   Today’s Jobs Report showed the economy added 255,000 jobs in July. The unemployment rate held steady at 4.9%. The results easily beat estimates of 180,000. Employment gains for June and May, meanwhile, were revised up by a combined 18,000. The government said 292,000 new jobs were created in June instead of 287,000. May’s gain was raised to 24,000 from 11,000.  The 3-month average is now 190,000, which is much higher than previously anticipated. Over the last six months, the economy has added an average of 189,000 jobs a month. In July, the year-over-year change was 2.45 million jobs. A monthly gain of 75,000 to 100,000 jobs is sufficient to keep the unemployment rate steady, while a 125,000 monthly gain is what is required to nudge it down further. The economy has added jobs for 76 consecutive months. While a maturing labor market will translate into lower job creation over the next twelve months, reduced labor market slack should provide an offset through stronger wage growth. So, a gain of 255,000 is a very good, very solid report.   The unemployment rate was unchanged at 4.9% as more than 400,000 people joined the labor force ...