Dmytro Kharkov

Payroll employment increases by 57,000, Sam Ro notes

Payroll employment increases by 57,000, Sam Ro notes
Payroll job growth trails forecast

Sam Ro reports that payroll employment increased by 0.035 percent, or 57,000 jobs, which is below the expected gain of 0.071 percent, or 113,000 jobs.

This release provides a snapshot of the current labor market performance compared to expectations.

Sam Ro previously covered a record $75 billion IPO that resulted in a 19% stock jump, noting its modest scale against the Wilshire 5000’s $74 trillion market cap (read more). He also reported that U.S. President Donald Trump purchased Kura Sushi USA shares valued at $1 million to $5 million (details here). These reports follow other key developments in the U.S. markets this year.

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