Slow Jobs, Fast Profits: 7 Stocks to Scoop Up After April's Lackluster Report
ECPGEncore Capital Group(ECPG) InvestorPlace·2024-05-14 01:32

After several months of gangbuster growth in the employment arena, the Federal Reserve finally got some “good” bad news – and that sets the stage for certain stocks to buy. In April, the economy added 175,000 jobs, much lower than the 240,000 expected by analysts. Further, the latest print represented a substantial drop from March’s result of 315,000 jobs added. As well, the unemployment rate ticked up to 3.9%. Expectations called for the rate to hold steady at 3.8%. On one hand, this dynamic means that the ...