For this rally to be sustainable, Cramer said Monday, U.S. employment will have to improve. The best read on employment is not from the Department of Labor, however, but through staffing, payroll and hiring companies like Paychex .
After the bell on Monday, Paychex reported second-quarter earnings of $133.9 million, or 37 cents per share, on revenue of $512 million. Analysts had expected the payroll processor to post 35 cents of earnings on $510 million in revenue, according to The Associated Press.
To hear more about the earnings beat and what it means for the employment picture in the U.S., Cramer spoke with Paychex CEO Marty Mucci. Watch the video to see the full interview.
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