KQED Nightly Business Report May 9, 2015
Too strong and the Unemployment Rate fell to 5. 4 . The lowest rate since 2008. The goldilocks report sent stocks soaring with job growth that many said was just good enough to hold off a Federal Reserve rate hike until the second half of the year. The Dow Jones Industrial inde week with a gain of 267 points to 18,191 and the nasdaq rooz 58 and the s p rose 28 points. Hampton pearson has more. Led by a boost in the Service Sector and construction and health care the jobs rebounded strongly in april, good news for president obama. Nearly the fastest pace in over a decade. March it turns out was...