The labor market situation in the largest economy brightened more strongly than expected in July.
943,000 new jobs were created outside of agriculture, as the government announced in Washington on Friday.
Economists polled by the Reuters news agency had only expected 870,000.
In addition, the June figures have been revised upwards significantly, from 850,000 to 938,000.
The separately determined unemployment rate fell in July to 5.4 percent and thus more clearly than expected.
Due to an acute labor shortage, companies are currently unable to fill a record 9.2 million positions.
This forces them to raise wages.
Average hourly wages rose by 0.4 percent in July compared to the previous month, compared to the same month last year by as much as 4.0 percent.
The financial markets keep a close eye on the numbers.
A sustained recovery on the job market is an important prerequisite for the central bank to be able to reduce its start-up aid for the economy ravaged by the corona pandemic in the foreseeable future.
Gold price is falling
This triggers speculation that the end of the ultra-loose US monetary policy is approaching, which is currently increasing the selling pressure on gold.
The "anti-inflation currency" gold expanded its losses early on Friday afternoon and fell 0.8 percent to $ 1,790 per troy ounce.
At the same time, the dollar index, which reflects the exchange rate against major currencies, rose somewhat.
It rose by up to 0.3 percent to 92,576 points.
After a hesitant day after the labor market data, the German stock exchange index, the Dax, gained momentum and gained 0.3 percent.
It is thus getting closer and closer to its record high of 15,811 points on July 14th.
The number of new jobs created outside of the US agricultural sector rose to 943,000 in July, exceeding market expectations of 870,000. "This is a clear warning signal that the ultra-easy monetary policy will soon leave town," said Naeem Aslam, chief market analyst at brokerage firm AvaTrade. "Change is on the march."