Summary: Non-farm payrolls increase by 943K in July; in line with expectations; previous two months’ figures revised up by 119K; jobless rate down, participation rate up; “gives credence to Fed’s view labour market will maintain momentum”; improvements across the board; gains across age, ethnicity, education standards”; jobs-to-population ratio increases to 58.4%; underutilisation rate falls to 9.2%; annual hourly pay growth increases to 4.0%. The US economy ceased producing jobs...