#1 Morning Stock Show To Get You Ready For The Stock Market Open, PreMarket Gainers, Earnings This Week, Economic Data & More!

Benzinga PreMarket Prep 8:00AM ET- 9:00AM ET

👉premarket.benzinga.com/pre-market-show/

🔥Set up your TradeZero account to access to their extensive inventory of short locates and 24/7 support.

🤙Click the link below to receive three months free on TradeZero’s flagship software, ZeroPro.

👉

Partnership ^ See Disclaimer In Video & Below

Featured Guest: CC Lagator, Co-Founder at Options AI
CC is a former options market maker and specialist for Group One Trading in New York. He has been an options and trading educator for the past decade. He lives in Boulder, CO.

Twitter:

MEET THE HOSTS:

Mitch Hoch “Money Mitch”
Twitter:

TripleD
Twitter:

Joel Elconin
Twitter:

—————————————————————————————–

Have you seen this page?

CATCH PMP ON PODCAST:
🔈 iTunes:

🔈Spotify:

—————————————————————————————–

WEBSITE & SOCIALS:

💻 Website:

👍Benzinga on Instagram & Facebook @ Benzinga

🛎Benzinga on TikTok & Twitter @ Benzinga

📺Benzinga on Discord:

MAKE MONEY, BECOME A BENZINGA AFFILIATE:
♻️Earn 30% commission on new subscriptions♻️
���

MERCH:
👕

Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, futures, and crypto is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

#Benzinga #TechStocks #aistocks…(read more)

HOW TO: Hedge Against Inflation

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

Jobs Data, Who Cares? PreMarket Prep | June 2, 2023

The release of jobs data is often eagerly anticipated by economists, analysts, and investors as it provides crucial insights into the health of the economy. However, on June 2, 2023, the release of the jobs data left many wondering, “Who cares?”

The disappointing jobs report revealed that the economy added only 100,000 jobs in May, falling far short of the projected 500,000 jobs. This unexpected slowdown in job creation raised concerns about the pace of the economic recovery and its potential impact on the stock market.

But why should anyone care about jobs data? To answer this question, one must understand the significance of employment trends for various stakeholders:

1. Workers:
Jobs data is of utmost importance to individual workers. An increase in job creation signifies a growing economy, which often translates to increased job opportunities, higher wages, and enhanced job security. Conversely, a decline in job creation implies a stagnant or contracting economy, leading to reduced employment prospects and potentially stagnating wages. Therefore, workers keenly follow jobs data to gauge the overall health of the labor market and adapt their career decisions accordingly.

2. Investors:
Investors, particularly those in the stock market, carefully analyze jobs data to assess the potential impact on corporate earnings and the overall investment climate. Strong job growth is generally an encouraging sign for investors, as it indicates increased consumer spending power and potentially higher profits for companies. Conversely, weak job growth may raise concerns about a sluggish economy, dampening investor sentiment and prompting adjustments to investment strategies.

3. Economists and Analysts:
For economists and analysts, jobs data provides valuable insights into the overall state of the economy. Employment figures, along with other economic indicators, help assess the effectiveness of government policies, predict consumer spending patterns, and provide clues about inflationary pressures. These professionals closely analyze jobs data to refine economic models, make informed predictions, and guide policymakers in formulating strategies to promote sustainable economic growth.

4. Government and Policy Makers:
Jobs data holds significant importance for government officials and policymakers. It helps them gauge the effectiveness of their initiatives and make informed decisions about fiscal and monetary policies. For instance, a robust job market may prompt policymakers to tighten monetary policy to prevent overheating, while weak job growth may indicate the need for stimulus measures to spur economic activity.

While the disappointing jobs data on June 2, 2023, may have initially prompted the question “Who cares?” from some market participants, it is evident that jobs data holds enormous relevance for a wide range of stakeholders. Whether you are an individual worker, investor, economist, or government official, jobs data helps shape decisions, provides insights into economic health, and is crucial for navigating an ever-changing global economy.

The disappointing figures from the latest jobs report may have raised concerns, but they also serve as a reminder of the importance of closely monitoring employment trends. Rather than dismissing jobs data as insignificant, it is essential to continue paying attention to this vital economic indicator as it holds the key to understanding the potential direction of the economy and its impact on various aspects of our lives.