Jobs report for June: Payrolls increase by 206,000, beating forecast [MarketWatch]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: MarketWatch
The jobs report looks promising to Jared Bernstein, chair of the White House Council of Economic Advisers. "We're seeing a job market that is settling into about where we'd like it to be at this point in the economic expansion," Bernstein said in an interview with CNBC. Bernstein pointed to continuing gains in wages -- which have been beating price increases for the past 13 months -- and a robust labor market with high participation as signs of the economy doing well. The unemployment rate, which jumped up from 4.0% to 4.1%, is not concerning to Bernstein. He said that the rate is actually 4.05%, which rounds to 4.1%, and "stabilizing around 4% is a great place to be." By Maya Levine A "perfect predictor of past recessions" has not raised alarm bells just yet, according to Harvard economist Jason Furman. The Sahm rule, named for economist Claudia Sahm who discovered it, says that when the three-month average unemployment rate rises to 0.5% above the low point of the prior
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EVR
News
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- Planet Fitness Operator Mulls Refinancing Loan With Private Debt [BNN Bloomberg (Canada)]BNN Bloomberg
- Stepped-Up Global Easing Risks Making It Harder for BOJ to Hike [Yahoo! Finance Canada]Yahoo! Finance Canada
- US jobs report could firm or upend Fed "base case" of quarter-point cuts [Yahoo! Finance]Yahoo! Finance
- US jobs report could firm or upend Fed "base case" of quarter-point cuts [Yahoo! Finance Canada]Yahoo! Finance Canada
EVR
Earnings
- 7/24/24 - Beat
EVR
Sec Filings
- 10/4/24 - Form SC
- 8/22/24 - Form 4
- 8/21/24 - Form 144
- EVR's page on the SEC website