U.S. Bureau of Labor Statistics announces decline in unemployment rate from 6.3% to 6.2% over the last month, beats expectations

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Yeah this is bad for the markets. Means faster raise of interest rate, so market will decline. At least Nasdaq.

politiksnubben

In February most of the job gains occurred in the leisure and hospitality sector, which includes restaurants, adding 355,000 jobs. This is heartening as we slowly work our way back.

Fountainheadusa

Could someone explain why futures have reacted badly to this? I figured it would be good news for the market

B9XAM

I wish they’d stop reporting the U3 rate and either report the U6 rate or report the Labor Force Participation rate

MrJDL71

so my stocks are going up? right? RIGHT?

Paulchicos43