Notes from the Desk: Labor Underpins Economic Expansion Despite Concentration

The headline payroll growth for March exceeded all estimates, with nonfarm payrolls growing by 303k on the month, above a strong 270k in February, and far exceeding consensus estimates of 214k. In addition, after falling in January and February, total employment as reported in the US Census Bureau’s household survey increased 498k in March. The [...] The post Notes from the Desk: Labor Underpins Economic Expansion Despite Concentration appeared first on ETF Trends .