us labor department
- How Political Spin Skewed the U.S. Jobs Report
- The Truth Behind the U.S. Labor Department Employment Report
The stock market – closed Friday for a holiday – had a chance today (Monday) to react to the March employment report – and fell in morning trading.
Although job gains continued in March, they were about 90,000 short of what was expected. Money Morning Chief Investment Strategist Keith Fitz-Gerald joined Fox Business’ “Varney & Co.” program Monday morning to take a closer look at the U.S. jobs report.
Fitz-Gerald detailed why investors need to look beyond the unemployment rate drop at more telling numbers – data the White House would like you to ignore.
Watch this video of Fitz-Gerald with “Varney & Co.” host Stuart Varney to find out what you need to know about the U.S. jobs report, and how it could affect the markets and economic recovery.
The U.S. Labor Department employment report released today (Friday) showed a better-than-expected payroll jump to 200,000, and the unemployment rate dropped to 8.5%. However, the numbers aren't nearly as promising as they seem. The payroll increase was double the revised 100,000 rise in November, and about 30% higher than the projected 155,000 increase. Private companies […]