Breaking:
April jobs number:
177k vs 133k expectations.
Revisions meh
Unemployment stays flat at 4.2%
Average hourly earnings +.2% vs +.3% expectations light
YOY +3.8% vs +3.9% expBond yields up a bit. Stocks popped some
— QE Infinity (@StealthQE4) May 2, 2025
NONFARM PAYROLLS: Total nonfarm payroll employment increased by 177,000 in April, and the unemployment rate was unchanged at 4.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care, transportation and warehousing, financial…
— Sold At The Top (@soldatthetop) May 2, 2025
BREAKING: The US economy adds 177,000 jobs in April, above expectations of 138,000.
The unemployment rate was 4.2%, in-line with expectations of 4.2%.
The March jobs number was revised down from 228,000 to 185,000.
The labor market is still holding up.
— The Kobeissi Letter (@KobeissiLetter) May 2, 2025