The US economy added 339,000 jobs last month, soaring past expectations — again [CNN]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: CNN
Employers added 339,000 jobs in May, according to the monthly employment report from the Bureau of Labor Statistics released on Friday. That's an acceleration from April's job gains , which were revised upwardly to 294,000, and it's a far hotter number than the 190,000 jobs that economists were expecting. “Overall, the [jobs report and broader economic] data continues to show an economy that's certainly not in a recessionary mode and perhaps is growing at a healthy pace,” Preston Caldwell, chief US economist at Morningstar, told CNN. However, the sizable jump in the unemployment rate was also a surprise, rising to 3.7% from 3.4%. Economists polled by Refinitiv had expected it to edge up by only a percentage point. The surge in the jobless rate — the largest monthly leap since the early days of the pandemic and, before that, November 2011 — was driven by people who lost their jobs permanently and those who completed a temporary job, BLS data shows. The labor force participatio
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MCO
Earnings
- 2/14/24 - Miss
MCO
Sec Filings
- 4/2/24 - Form 3
- 4/2/24 - Form 4
- 3/18/24 - Form 4
- MCO's page on the SEC website