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Stock impact report

U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2% [MSNBC.com]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: MSNBC.com
watch nowVIDEO2:5202:52U.S. payrolls rise by 228,000 in March, but unemployment rate increases to 4.2%Squawk BoxJob growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday.Nonfarm payrollsHowever, the unemployment rate moved up to 4.2%, higher than the 4.1% forecast as the labor force participation rate also increased.Though the headline number beat estimates, the report comes against a highly uncertain backdrop afterPresident Donald Trump's tariff announcementStocksreacted little to the report"Today's better than expected jobs report will help ease fears of an immediate softening in the US labor market," said Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management. "However, this number has become a side dish with the market just focusing on the entrée: tariffs."In apost on Truth SocialPrevious indicators showed the labor market holding up, but the Show less Read more
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