Latest jobs report 'SMASHES' expectations — stock market surges
The April jobs report shows much stronger than expected growth, and the stock market has reacted by surging positively.The U.S. Bureau of Labor Statistics said about 115,000 new jobs were added in April. The rate of unemployment held at 4.3%.'We are much stronger. ... These are good numbers!'Most of the gains were in the health care sector with 37,000 jobs, while both transportation and warehousing added 30,000 jobs.The White House touted the comments from CNBC on-air editor Rick Santelli."The b...
Original Source
Read the full article at Theblaze →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.