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 Dividend Cafe · The Bahnsen Group
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Show Notes
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).
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