Episode 832: The DC Today - Monday, April 8, 2024
The primary news of the weekend was the 303k new jobs created in March, up by 89k over expectations.
The primary news of the weekend was the 303k new jobs created in March, up by 89k over expectations.
Today's Post - https://bahnsen.co/4aMHEug
Economic Front
The primary news of the weekend was the 303k new jobs created in March, up by 89k over expectations. A full 232k of that came from the private sector. The two prior months were revised upwards by 22k. The household survey was up huge, as well. The unemployment rate fell to 3.8%.
Construction was solid (39k new j obs), and leisure and hospitality led the way, with private education and health care strong as well. The annual gain in wages is +4.1%, and the average hours worked went up to 34.4 (had been 34.3).
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com
David is the Founder, Managing Partner, and the Chief Investment Officer of The Bahnsen Group.
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