Here's where the jobs are for April 2024 — in one chart [CNBC]
ZipRecruiter, Inc. Class A (ZIP)
Company Research
Source: CNBC
The U.S. economy added 175,000 jobs overall , well below Wall Street expectations. Health care and social assistance again led the way with a gain of 87,000 jobs , but construction and leisure and hospitality added fewer than 10,000 jobs each — well below the prior two months. The slower job growth could be good news on the inflation front but will raise concerns about a broader economic slowdown. “After what looked like a reacceleration in the first quarter, today's Jobs Report shows the labor market returning to its prior trend of gradually slowing job growth and wage growth,” Julia Pollak, chief economist at ZipRecruiter, said in a note Friday. “Instead of stagflation, the report shows solid payroll gains (+175K, about 10K more than the 2019 monthly average) and cooling wage growth (3.9% YoY, down 0.2 pt) — exactly the news markets and the Fed were hoping for. The overall picture is one of a steady labor market with disinflationary growth,” Pollak continued. Some white-col
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News
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- Car insurance rates surge again, keeping inflation elevated [FOX Business Network]FOX Business Network
- Dow Jones Industrial Average briefly hit 40,000 amid renewed hopes for U.S. economy [MSNBC.com]MSNBC.com
- Dow Jones Industrial Average hits 40,000 amid renewed hopes for U.S. economy [Yahoo! Finance]Yahoo! Finance
- Did ChatGPT write your resume and cover letter?: How to answer the most obvious job interview AI question [CNBC]CNBC
ZIP
Earnings
- 5/9/24 - In-Line
ZIP
Sec Filings
- 5/9/24 - Form 4/A
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- ZIP's page on the SEC website