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Archive: https://archive.today/7IIYp
From the post:
>Markets reacted with glee to the April jobs report out this morning as employment trends blew away expectations. Total employment increased by 115,000, according to the Bureau of Labor Statistics, almost double the market’s expectations for a gain of 62,000 jobs. The unemployment rate was unchanged at 4.3 percent. ‘Investors worried that layoff announcements from tech giants like Microsoft and Meta could mean even more widespread layoffs ahead, their fears have not been borne out by the data this time around,’ Jay Woods, chief market strategist at Freedom Capital Markets, told the Daily Mail.
Archive: https://archive.today/7IIYp
From the post:
>>Markets reacted with glee to the April jobs report out this morning as employment trends blew away expectations.
Total employment increased by 115,000, according to the Bureau of Labor Statistics, almost double the market’s expectations for a gain of 62,000 jobs.
The unemployment rate was unchanged at 4.3 percent.
‘Investors worried that layoff announcements from tech giants like Microsoft and Meta could mean even more widespread layoffs ahead, their fears have not been borne out by the data this time around,’ Jay Woods, chief market strategist at Freedom Capital Markets, told the Daily Mail.
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