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Fed rate hike still on track and 14% of Zappos staff quits

Yahoo Finance
Yahoo Finance

It's jobs day! The Bureau of Labor statistics released a Goldilocks number today - not too bad, not too good - just right! It was, however, enough to send stocks higher by more than a percent with some big green arrows across all the major indices (^DJI, ^GSPC, ^IXIC). For those keeping score at home the number was 223,000 and the unemployment rate ticked down from 5.5% to 5.4%

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Here are some of the other stories Yahoo Finance is keeping an eye on today.

Zappos' mass Exodus
Why would a company let 14 percent of its workforce just walk away? That's what Zappos is doing. The online shoe and apparel retailer offered buyouts to workers after announcing a new "manager-free" workforce policy...and 210 employees took it!

Spotify's new stream

Spotify apparently wants to put pictures with its tunes. The streaming music service reportedly is in partnership talks with several networks that currently create and distribute video for YouTube. Spotify is looking to both buy their material and co-create original content.

What to watch next week
Rick Newman: More about jobs as the JOLTS report is set to be released

Jen Rogers: Retail sales are on the way

Mike Santoli: May Madness more commonly known as the NCAA Lacrosse Championship Tournament gets underway and it may be full of future Wall Streeters




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