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This is How I'd look at the March 2020 Jobs Report | Nightly Business Review
In tonight's edition of the Nightly Business Review we look at the horrible March Jobs Report. The Non Farm Payrolls Unemployment Report is a very important statistic. #FinanceED #RobinhoodInvesting #jobsreport #stockmarket
It's released monthly: on the first Friday of each month. The government: policy makers, the federal reserve, and economists look at this number very closely. This basically means that this number drives a lot of policy. So, how do we navigate the coming recession? How is this current stock market crash, similar to the chaos of the 2008 credit crisis; and, what will the Federal Reserve do? Let's learn and understand these major developments in the global equity markets!
Stocks Covered in Today's Episode:
SPDR S&P 500 ETF Trust NYSEARCA: SPY
Dow Jones Industrial Average INDEXDJX: .DJI
S&P 500 Index INDEXSP: .INX
Starbucks Corporation NASDAQ: SBUX
Federal Reserve
March 2020 Jobsless Report
From Bloomberg: "U.S. employment plummeted last month by a degree not seen since the last recession, in just an early glimpse of the devastation from the coronavirus pandemic. Payrolls fell 701,000 from the prior month -- compared with the median forecast of economists for a 100,000 decline -- according to Labor Department data Friday that mainly covered the early part of March, before government-mandated shutdowns forced firms to lay off millions more workers. This was the first decline in monthly payrolls since 2010."
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By Finance EDIn tonight's edition of the Nightly Business Review we look at the horrible March Jobs Report. The Non Farm Payrolls Unemployment Report is a very important statistic. #FinanceED #RobinhoodInvesting #jobsreport #stockmarket
It's released monthly: on the first Friday of each month. The government: policy makers, the federal reserve, and economists look at this number very closely. This basically means that this number drives a lot of policy. So, how do we navigate the coming recession? How is this current stock market crash, similar to the chaos of the 2008 credit crisis; and, what will the Federal Reserve do? Let's learn and understand these major developments in the global equity markets!
Stocks Covered in Today's Episode:
SPDR S&P 500 ETF Trust NYSEARCA: SPY
Dow Jones Industrial Average INDEXDJX: .DJI
S&P 500 Index INDEXSP: .INX
Starbucks Corporation NASDAQ: SBUX
Federal Reserve
March 2020 Jobsless Report
From Bloomberg: "U.S. employment plummeted last month by a degree not seen since the last recession, in just an early glimpse of the devastation from the coronavirus pandemic. Payrolls fell 701,000 from the prior month -- compared with the median forecast of economists for a 100,000 decline -- according to Labor Department data Friday that mainly covered the early part of March, before government-mandated shutdowns forced firms to lay off millions more workers. This was the first decline in monthly payrolls since 2010."