3 Sector ETFs & Stocks to Bet on March Jobs Data
Dycom(DY) Zacks Investment Research·2024-04-09 21:01
The U.S. economy added 303,000 jobs last month. That data breezed past expectations for 205,000 job gains, according to FactSet consensus estimates, as quoted on CNBC. The unemployment rate in the United States dipped to 3.8% in March 2024 from the previous month's two-year high of 3.9% and surprising market expectations, which had forecasted the rate to remain unchanged.Additionally, the labor force participation rate increased to 62.7% from a near one-year low of 62.5% in the preceding periods, and the em ...