Department of Labor's Monthly Jobs Report Reveals Decent Data
It’s that time of month!
The Bureau of Labor Statistics released data this morning that looks mighty fine. Non-farm payrolls added 217,000 jobs last month which exceeded expectations of 215,000 by economists. In addition, the unemployment remained unchanged at 6.3 percent.
We should add that April’s employment numbers were slightly downsized to 282,000 jobs instead of the original report of 288,000 jobs. That said, March numbers remain unchanged.
Ron Sanchez, executive vice president and chief investment officer at Fiduciary Trust (a Franklin Templeton company), told Forbes the results are positive.
“This
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