"Nonfarm jobs coming in at 178,000, 178,000 jobs, she emphasized. The expectation was 60,000, folks, the unemployment rate went down to 4.3%, the expectation was 4.4%."
"This is way, way higher than even the range of forecasts. I can't quite figure it out, I have to look deeper into numbers, but it is really good news for the economy."
"Employers believe that the situation in the Middle East is temporary, and they're planning for the future, and they're hiring workers, according to this report."
"The fact that again, we are seeing more private sector employment and falling government employment, very positive a trend so far."
The Bureau of Labor Statistics released a jobs report showing 178,000 nonfarm jobs added, surpassing the expected 60,000. The unemployment rate decreased to 4.3%, better than the anticipated 4.4%. Private-sector jobs increased by 186,000, significantly higher than the forecast of 70,000. Steve Moore expressed surprise and optimism about the report, suggesting that employers are confident in the economy's future despite challenges in the Middle East. The report also indicated a loss of 8,000 government jobs, while private sector employment trends remained positive.
Read at www.mediaite.com
Unable to calculate read time
Collection
[
|
...
]