Job Growth Blows Away Estimates; Market Up Huge

[Ralph47]

Stocks posted sharp gains Friday, with the tech-heavy Nasdaq hitting a record high, as investors reacted to stronger February job growth than expected.

The Dow Jones Industrial Average rallied 440.52 points, or 1.77%, to 25,335.74. The S&P 500 rose 47.60 points, or 1.74%, to 2,786.57. The Nasdaq Composite jumped 132.86 points, or 1.79%, to 7,560.81.

Dow jumps 441 points, Nasdaq hits record as February job growth blows past estimates | Fox Business

We should be DANCING IN THE STREETS!

 

[mcstites]

One thing bothers me. The labor participation rate has not gone up significantly. This means that there are a lot of people out of work who are not looking for work.

 

[Ralph47]

One thing bothers me. The labor participation rate has not gone up significantly. This means that there are a lot of people out of work who are not looking for work.

Obama hounded people to go on Disability, whether they could work or not.