Jobs Report Counters Fears of Slowdown in the Labor Market

The May jobs report blows away expectations as the labor market remains hot. Usually, a hot jobs report is good new but in this case, the news was too good, notes Chris Martin, he and Lisa Flicker discuss takeaways from the jobs report. Flicker highlights that we were afraid there would be numbers consistent with a slowdown in job creation, so this is fantastic news for the market as this counters fears of a slowdown in the labor market. They then go over how the Fed will interpret the May jobs print. Tune in to find out more about the stock market today.