The Way To Play The Better Than Expected Jobs Numbers (MAN, RHI, KELYA)

The Nonfarm Payrolls number came in better than expected this morning, suggesting that the economic situation may not be as bad as had been previously feared. Consensus estimates called for a loss of around 120,000 jobs. The report, however, revealed that the economy had only shed around 54,000 jobs for the month. The private sector actually added 67,000 jobs, which also came in ahead of consensus estimates which called for an addition of only 44,000 private sector jobs. This news is certainly being treated as a positive development by the market. One sector in particular that is benefitting from the payroll numbers is staffing companies. Investors who are looking to make a bet on continued strength in the employment outlook should consider buying Manpower Inc.

, Robert Half International

, and Kelly Services

. All of these stocks are doing quite well during Friday's trading session. Manpower (

) has jumped 2.61% to $48.03. Year-to-date, the shares have lost around 12%. The stock trades at a forward P/E of 18.61 and a PEG ratio of 2.73. The median Wall Street price target on MAN is $65.00. Robert Half International (

) has surged 3.13% to $23.71 on today's news. Year-to-date, RHI has shed 11.3%. The stock trades at a forward P/E of 26.65 and a PEG ratio of 3.91. The median Wall Street price target for RHI shares is $31.00. Kelly Services (

) has gained 4.11% to $11.90. Year-to-date, KELYA has lost 0.25%. The shares trade at a forward P/E of 11.64 and a PEG ratio of 1.18. The median Wall Street price target for KELYA is $21.00. The Futures & Forex Expo is approaching.