The April jobs report was widely praised by a panel of experts on CNBC for a variety of reasons.
Following the release of April’s jobs report, which showed employers added 211,000 jobs and unemployment dropped to 4.4 percent, the panel on CNBC praised the report as “very strong.”
“This is a very strong report, strong across the sectors,” BlackRock’s Jeff Rosenberg said of the monthly report.
Meanwhile, American Enterprise Institute’s Ryan Streeter said this report was also good for people who are looking for jobs.
“I think stepping back, looking at this kind of longer-term, the latest Business Roundtable survey of CEOs shows a pent-up demand for hiring. And a lot of them have plans to be hiring over the next half year as well as increasing capital investment after a period of relative decline there,” Streeter told the panel.
Joe Terranova of Virtus Investment Partners said that following this report, some people could even see their wages increase, and that the market is “well positioned.”
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