The report revealed that the labor market is slowly cooling as several strikes including from members of the UAW weighed on the manufacturing payrolls. Average hourly earnings, a key measure for inflation, increased 0.2% for the month, less than the 0.3% forecast, while the 4.1% year-over-year gain was 0.1 percentage point above expectations. The Zacks Rank #1 (Strong Buy) Health Care Select Sector SPDR ETF XLV can be played to tap the moderate momentum.