The Market Ticker - A Good Friday Job?
Well, ok, Christians believe that wasn’t exactly a job that was very nice, but it was very necessary.
However, the BLS did release the jobs report for March even though the stock market is closed today in observance of Good Friday.
Total nonfarm payroll employment increased by 178,000 in March, and the unemployment rate changed little at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, in construction, and in transportation and warehousing. Federal government employment continued to decline.
The “instant” reaction was a modest (~20 handle) spike in the futures, as CME left them open (for a few minutes beyond the report, anyway), almost-certainly for this reason. …….
(Click link to read more)
Source: https://market-ticker.org/akcs-www?post=255189
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