Market Soars On Blowout Jobs Report!

Profit from the Pros Market Soars On Blowout Jobs Report! The markets soared on Friday after a blowout jobs report -- the biggest gain since July 2016. Employers added 313,000 new jobs in the latest month, which is a whopping 52% better than the already lofty expectations of 205,000. (The private sector added 287,000 new jobs, while the public sector added 26,000.) The unemployment rate stayed the same at 4.1%. And hourly earnings came in at a 2.6% y/y rate of change. It truly was a spectacular report, and the market clearly agreed. The top 5 industries with the biggest job gains last month were: Construction with 61,000 new jobs (185,000 over the last 12 months), Retail with 50,000 new jobs, Professional & Business Services with 50,000 (495,000 over the past year), Manufacturing with 31,000 (224,000 over the past year) and Finance with 28,000 new jobs (143,000 over the last year). We also saw increases in Mining and Healthcare (290,000 new jobs over the past year). The economy continues to pick up speed. And each economic report gives more and more credence to the expectations for a 3% and even 4% GDP this year. As I've said before, President Trump's pro-growth agenda, anchored by the historic tax cuts and business friendly deregulation, is transforming how companies do business in America and will usher in decades of new prosperity. These are historic times. Be sure you're taking full advantage of it! Kevin Matras Executive Vice President, Zacks Investment Research Sponsor [Why Haven't You Looked at Zacks' Top Stocks?]( Our 5 best-performing strategies have blown away the S&P's +21.9% gain in 2017. Amazingly, they soared +67.1%, +98.6%, +104.9%, +109.3%, and +115.0%. Today you can access their live picks without cost or obligation. [See Stocks Free >>]( Most Popular Articles from Zacks.com [5 Cheap Breakout Stocks for Explosive Returns]( This technique seeks to identify stocks whose prices are fluctuating within a specific band. [Read More »]( [Market Celebrates 9-Year Bull Run: Best Sectors & Their Top Stocks]( While almost all the sectors have flourished in the Bull Market, aerospace and consumer discretionary led the way higher. [Read More »]( [3 Stocks to Gain as Trump Pulls Plug on Infamous MedTech Tax]( Here take a quick look on three major MedTech companies that are going to make the best out of the recent Tax-Repeal upheaval. [Read More »]( [What Investors Should Know About the Cybersecurity Industry (Revised)]( Ryan McQueeney is joined by Paul McGough, a telecommunications expert with over 35 years of experience, to discuss the history and future of the cybersecurity industry. [Read More »]( [Buy These 4 Oil Stocks as the Sector Remains Undervalued]( Despite the impressive performance by energy companies, valuation of the sector is not on par with the index. [Read More »]( Sponsor [Start Every Day Ahead of Wall Street]( Before you make a trade, get today's market news from Zacks' latest Ahead of Wall Street article. With timely information from Zacks' analysts, each daily article features a preview of where the market is headed. Plus, Zacks #1s on the move, stock research reports, earnings and economic news, and a top-headline analyst blog. All of it in one easy-to-follow place to give you the edge. [Get the latest news >>]( [Bull of the Day: United Sates Cellular Corp (USM)]( Improvements in pricing, and Voice over LTE expansion has USM on a upswing. [Read More »]( [New Zacks Strong Buys for March 12th]( Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. [Read More »]( [Customize Your Profit from the Pros Delivery]( Connect with Us: [Facebook]( [Twitter]( [StockTwits]( Contact Info: Phone: 1.800.767.3771 ext. 9339 Email: [support@zacks.com](emailto:support@zacks.com) [Terms]( | [Privacy]( | [Unsubscribe](