Strong U.S. jobs report puts ADP, Paychex and staffing stocks back in investor focus
Key points
- The latest U.S. jobs report showed 165,000 new positions
- Unemployment edged down to 4.1%, above expectations
- Inflation above 3% and rising rate expectations pressure HR-tech and staffing stock valuations
A Yahoo Finance article says the latest U.S. jobs report showed 165,000 new positions and unemployment edging down to 4.1%, above expectations. It says payroll, HR-tech and staffing stocks such as ADP and Paychex are back in focus, while inflation above 3% and rising rate expectations pressure valuations. It highlights three screened stocks, including TrueBlue.
Original report: Yahoo Finance ↗Edited with AI assistance. Facts are based on official sources and original reports.