📈Job numbers show a softer-than-expected gain of 175,000 nonfarm payrolls, sparking optimism in the tech sector.
💼Sectors such as healthcare, retail, warehouse, and transportation continue to drive job growth.
💰Wage increases were modest at 0.2%, suggesting stable labor market conditions.
How did the tech sector react to the job numbers?
—The tech sector responded positively to the job numbers, as they suggest a delay in higher interest rates, benefiting high-multiple tech stocks.
Which sectors are driving job growth?
—Sectors such as healthcare, retail, warehouse, and transportation are continuing to drive job growth.
What were the wage increases in the past month?
—Wages increased by 0.2% in the past month, indicating relatively stable labor market conditions.
13:00The latest job numbers show a softer-than-expected gain of 175,000 nonfarm payrolls and an increase in the unemployment rate to 3.9%.
13:30Sectors such as healthcare, retail, warehouse, and transportation continue to drive job growth.
14:15Wage increases were modest at 0.2%, suggesting relatively stable labor market conditions.
