“One surprise in today’s jobs report was wage growth, which was little changed month over month. The slower-than-expected growth could make rising prices more painful for everyday Americans, but could also ease concerns that the recent inflation will prove to be persistent.
“The details are bullish for stocks in that job creation remains robust and the participation rate is moving higher while wages came in soft, potentially taking some pressure off the Fed,” said Adam Crisafulli of Vital Knowledge.”