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Employment Situation Report Impact On The Markets

Employment Situation Report Impact On The Markets

FromSchwab Network


Employment Situation Report Impact On The Markets

FromSchwab Network

ratings:
Length:
7 minutes
Released:
May 7, 2021
Format:
Podcast episode

Description

The April 2021 Employment Situation report indicated a 6.1% unemployment rate versus the 5.8% estimates, and a participation rate of 61.7%. Jonathan Corpina weighs in on the S&P and DIJA hitting all-time highs despite the surprisingly weaker jobs numbers. Are people making more money staying at home or are companies still fearful of the virus and not hiring at an accelerated pace? He believes that we need to manage the expectations for the reopening and its impact on the economy.
Released:
May 7, 2021
Format:
Podcast episode

Titles in the series (100)

A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.