Jul
10

Wall Street Weighs In On the June Employment Report

By

Lots of thoughts after the big turnaround.

After an abysmal May jobs report, the stakes for June were extra high and the numbers didn’t disappoint.

The labor market came roaring back last month with nearly 300,000 jobs added while economists had expected a number closer to 200,000. Equities are surging on the news, with all major averages in the U.S. up more than one percent, erasing the losses suffered since the U.K.’s Brexit referendum.

Of course, Wall Street is also weighing in on what this means for everything from the U.S. economy to what the Federal Reserve decides to do with interest rates in the coming months. Here are some of their thoughts:

Wall Street Weighs In On the June Employment Report

Share
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.