Jim Cramer takes a hard look at the jobs report, which came in lower than expected at 75,000 versus expectations of 175,000.
Look Behind the Label:
What’s Going on in the Markets?
So what should investors start thinking about when taking a look at the broader markets on Friday?
The U.S. economy was projected to add around 182,500 new jobs last month, a figure which Wall Street expected to give insight on whether the Federal Reserve will actually cut rates in 2019.
However, the jobs report came in at 75,000. And the U.S. unemployment rate remained at 3.6%, a half-century low.
So, how should investors react? Jim Cramer breaks down