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home / news releases / SFY - Labor Market Shows Broad Strength Prior To COVID-19 Outbreak


SFY - Labor Market Shows Broad Strength Prior To COVID-19 Outbreak

By Robert Hughes

Hiring surged in February as U.S. nonfarm payrolls added 273,000 jobs after a similar increase of 273,000 new jobs in January. February's gain was the third increase of more than 250,000 in the last four months. Over the last six months, total payrolls have risen by more than 1.38 million or an average of 230,000 per month. For the past year, the total gain was over 2.4 million or about 200,000 per month. While the results are very favorable, they do not reflect the initial effects of the outbreak of COVID-19. Strong

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Stock Information

Company Name: SoFi Select 500
Stock Symbol: SFY
Market: NYSE

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