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Stock impact report

The job market is starting to show cracks. Hiring fell short of expectations for the first time in 6 months. [Yahoo! Finance]

ZipRecruiter, Inc. Class A (ZIP) 
Company Research Source: Yahoo! Finance
Data out Wednesday showed quits dropped in March, but over 3 million people quit. The US unemployment rate slightly increased from March to April. Plus, job growth in April slowed down a lot, a new labor market report on Friday showed. "Compared to expectations, definitely was a disappointing report," Nick Bunker, the economic research director for North America at the Indeed Hiring Lab, told Business Insider. "But, I think if the underlying trend in the labor market is toward moderation, you're going to have reports like this from time to time that come in a little bit weaker than expected or what you'd want to see." The economy added 175,000 jobs in April, per the news release from the Bureau of Labor Statistics on Friday. This job growth for the US was way below the forecast of 238,000 and the first time the initial print has come in below expectations since last October "We're not worried because this is another strong jobs report, and these numbers continue to prove mont Show less Read more
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