: Jobs report ‘will dampen market enthusiasm for bets on rate cuts coming soon’: Economists react to employment data.

May 5, 2023

The April jobs report on Friday showed the U.S. economy gained 253,000 jobs last month, with the unemployment rate falling to 3.4% from 3.5%.

Economists polled by The Wall Street Journal had expected an addition of 180,000 jobs and unemployment to rise to 3.6%.

See: Jobs report shows strong 253,000 increase in April

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…