Job Growth Strong in January

[ll74]

Job gains are higher than expected but wage growth is slowing. With the extra quarter point rate increase, I'm sure we'll see another quarter point next month. Most economist analysis I've read expect a mild recession in the fall, though there is, of course, the expert PJ Media prediction of the Great Depression, which seems difficult to ignore :/

U.S. employers added 517,000 jobs last month. It's a surprisingly strong number​

 

[VinnyVeritas]

Great News!

Maybe you should have put this in the appropriate thread, to appropriate your tedious schtick...

 

[ll74]

Great News!

Maybe you should have put this in the appropriate thread, to appropriate your tedious schtick...

Or not.

Thanks again for your feedback, AJ. Our support staff takes your valuable contribution to ensure quality is achieved

 

[VinnyVeritas]

Who's AJ?

 

[Fuzzy1975]

Who's AJ?

lmfao....keep trying, it's fucking awesome to see how "desperate" you are to be here......

 

[butters]

https://www.msn.com/en-us/money/mar...31&cvid=4ab1fbc3b7a04e0cd02d2063c7d1aab4&ei=6

Economists surveyed by Bloomberg had estimated that 195,000 jobs were added last month.

turns out that figure was well-beaten as a further 339,000 jobs actually were added in May.

unemployment up a little but still no 'great recession' due to inflation or high interest rates

Also, payroll gains for March and April were revised up by a total 93,000, depicting stronger hiring in late winter and early spring than believed.

The main stock market gauge, the S&P 500, rose 35 points, or 0.8%, to 4,255 as of 10:15 a.m. ET on Friday, while the Dow Jones Industrial Average climbed 400 points, or 1.2%, to 33,464. The indices got a boost after the jobs report, which also showed, perhaps more importantly for markets, that increases for workers’ pay also slowed even as hiring strengthened. Wages are a driver of inflation.