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Name:
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GoneFishin
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Subject:
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Good or Bad????
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Date:
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4/5/2024 10:35:39 AM
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While, I would say good I am sure most on the Forum will say bad. Bad is good on the Right.
• Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for a rise of 200,000.
• The unemployment rate edged lower to 3.8%, as expected, even though the labor force participation rate moved higher to 62.7%.
• Wages rose 0.3% for the month and 4.1% from a year ago, both in line with Wall Street estimates.
• Health care led with 72,000 new jobs, followed by government (71,000), leisure and hospitality (49,000), and construction (39,000).
• A broader measure that includes discouraged workers and those holding part-time positions for economic reasons held steady at 7.3%.
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