Financial Review
May Jobs Report
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:14
- More information
Informações:
Synopsis
…223,000 new jobs. 3.8% unemployment rate. Wages slightly higher. Good report. Premature disclosure. Financial Review by Sinclair Noe for 06-01-2018 DOW + 219 = 24,635 SPX + 29 = 2734 NAS + 112 = 7554 RUT + 14 = 1647 10 Y + .07 = 2.89% OIL – 1.33 = 65.71 GOLD – 4.80 = 1294.10 The economy added 223,000 new jobs in May. The unemployment rate dipped from 3.9% to 3.8%, an 18 year low. The increase in hiring — the biggest in three months — topped expectations for 190,000 new jobs. The government said 159,000 new jobs were created in April instead of 164,000. March’s increase was raised to 155,000 from 135,000. For a net gain of 15,000 jobs in revisions. Over the past 12 months, the economy has added 2.36 million jobs. For the first five months of 2018, job growth has been solid averaging just over 200 thousand per month. May was the 92nd consecutive month of job creation, extending the longest streak of job growth on record. Hiring was broad based. Retailers led the way in hiring by adding 31,000 new jobs. Hea