Opening Bell: 5.7.21
Opening Bell: 5.7.21 Author: Jobs? Less; unappealing; good news and bad for CoStar; Holmeslife; and more! Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers. Dow Jones estimates had been for 1 million new jobs…. There was more bad news: March’s originally estimated total of 916,000 was revised down to 770,000, though February saw an upward revision t...
Source: dealbreaker.com