The Market Ticker - The Jobs Report Projectile-eth Forth
And for my next magic trick…..
Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, transportation and warehousing, and retail trade. Federal government employment continued to decline.
Yeah, ok.
37,000 of them were in health extraction which is of course good (at some level) for those hired for same and bad for everyone else’s wallet. Of course there’s a fair question as to whether the 11,000 “home health” adds are real (that is, provide useful services to actual people) at all given the discoveries in several states of late.
Interestingly retail trade was up; some of that is seasonally expected (construction and garden…….
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Source: https://market-ticker.org/akcs-www?post=255381
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