#us-jobs-report

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fromFortune
3 weeks ago

Why Wall Street got the jobs number so wrong

"Private demand for labor is slowing," Pantheon’s Samuel Tombs said in a note to clients after the official number came out. "The robust headline figure is entirely due to a massive 80K increase in state and local government payrolls, of which 64K are education jobs. ... This large boost probably will unwind."
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from24/7 Wall St.
1 month ago

Stock Market Live June 6: Jobs Picture Improves, S&P 500 (VOO) Rises

The US job market showed unexpected strength in May with 139,000 new jobs, contradicting earlier ADP data indicating a slowdown.
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