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February Jobs Report is due, Investors Wait on Numbers

June 13, 2023
in Trade Tube
Reading Time: 1 min read
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It’s a jobs Friday. The Labor Department will release the February employment report. Economists expect 200,000 jobs to have been added in the United States last month. The unemployment rate is expected to hold steady at 4.9%. North Korea has been ramping up rhetoric about nuclear weapons. The leader of the country says it’s signaling strength at home and abroad in the face of what it calls as effort by South Korea and the United States to overthrow its leadership. Staples (SPLS) reported its earnings today. The office supply retailer said same store sales in the 4th quarter of 2015 slid compared to the previous year. However, net income increased and Staples had positive net income versus a loss the year ago.

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