META - We Had Fantastic Economic Numbers And Super Earnings From Big Tech What's Next?

2024-02-04 22:53:20 ET

Summary

• January employment exceeds expectations at 353,000, with prior months' figures revised up by 126,000.
• Unemployment remains at 3.7%, continuing a streak below 4% since December 2021.
• Average hourly earnings increased by 0.6% in January, with a 4.5% year-over-year rise.
• We also had fantastic earnings from the Tech Titans.

• January Employment nearly double the expected result at 353,000
• Not only that but the prior 2 months were revised up an additional 126,000
• Unemployment remains at 3.7% staying below 4%, a streak unbroken since December 2021
• Average hourly earnings jumped by 0.6% in the month and a 4.5% year-over-year rise

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