Good Monday Morning!
The Employment Report for April showed new jobs totaling 266,000 and an Unemployment Rate of 6.1%. Analysts were expecting new jobs to be about 1,000,000 and the Unemployment Rate to be 5.8%. There is a lot of speculation for the surprising numbers – lack of skilled workers and supply chain disruptions among them – but we may just be seeing the uneven return to a healthy economy after a year of incredible disruption. A bright spot for all of us is that interest rates have improved over the last several weeks. We can expect continued volatility with interest rates throughout the year.
Have a great week!View More