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Jim Cramer Is Looking for In-line March Jobs Number

August 17, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Jim Cramer says the latest ADP jobs number shows a “mixed picture” in the U.S. labor market and that even though autos have been strong, which is a big driver, mortgages are down and housing may not be a big number. The jobs number may be getting better during the month, but it may end up looking average and that is OK, says Cramer. Interest rates need to go up a little bit to do well for the banks, says Cramer, but otherwise he thinks it will be an in-line number.

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