Power Lunch cover image

The Labor Market’s Hot Streak Continues 6/2/23

Power Lunch

00:00

Introduction

Stocks jump today as you add a debt deal to a much better than expected jobs report. 139,000 new jobs added to the payrolls in May compared with an estimate, 190,000. Unemployment rate did rise, wages up to but not as high or as fast as expected. We're going to dig into what that strong labor market means for the Fed and for stocks.

Play episode from 00:00
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app