Government hiring spree propping up the US job market [FOX Business Network]
LPL Financial Holdings Inc. (LPLA)
Last lpl financial holdings inc. earnings: 4/30 04:05 pm
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Source: FOX Business Network
new year, but there has been a consistent factor underpinning those surprisingly strong figures: the government. The most recent data from the Labor Department shows that employers added 303,000 jobs in March, easily topping the 200,000 gain forecast by LSEG economists. The unemployment rate inched lower to 3.8%, from 3.9% in February. But digging deeper into the report reveals that the American government has been a major contributor of jobs since the beginning of the year – something that economists say is belying a strong labor market. "It's a little bit disconcerting when you see the fact that job growth is in sectors that are not necessarily your productive sectors," Jeffrey Roach, chief economist at LPL Financial, told FOX Business. Public sector jobs at the federal, state and local level rose by 194,000 during the first three months of 2024. That accounts for about one-quarter of all jobs created in January, February and March. By comparison, during that same time perio
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LPLA
News
- LPL Financial (LPLA) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures [Yahoo! Finance]Yahoo! Finance
- LPL Financial Welcomes Strategic Wealth Partners [Yahoo! Finance]Yahoo! Finance
- LPL Financial Welcomes Strategic Wealth PartnersGlobeNewswire
- The US economy may end up caught in a dreaded period of stagflation. 2 experts outline the scenario, and how to keep your money safe [Business Insider]Business Insider
- Why LPL Financial (LPLA) Could Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
LPLA
Earnings
- 2/1/24 - Beat
LPLA
Sec Filings
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- LPLA's page on the SEC website