The Basics:
Nonfarm Payrolls increased 288,000
The Unemployment rate decreased .4% to 6.3%
BREAKING: U.S. nonfarm payrolls increased 288,000 in April, beating expectations: http://t.co/YDKc4h9PAF
— CNBC (@CNBC) May 2, 2014
That's the million dollar question. Does this report signal the economy is turning around? I can't answer that question other than in a local way and I don't see a turnaround in the Las Vegas area of the kind suggested in the Payroll numbers.
What about you?
Is the economy improving in your neck of the woods? Tell me about your local economy in the comments.
I'm watching a few stocks this morning and will post a few charts later this morning.
From Vegas,
Stephen John Moran