Nonfarm payrolls expanded by 353,000 for the month, much better than the Dow Jones estimate for 185,000
unemployment rate held at 3.7%, against the estimate for 3.8%.
On a year-over-year basis, wages jumped 4.5%, well above the 4.1% forecast.
December and November numbers were revised up and GDP ended the year strong.
But The Federal Reserve left interest rates unchanged
In the last year, tech giants made massive cuts to their workforce, which didn’t just please investors — they led to sky-high profits.
Mostly good but not all rainbow farts and unicorn giggles