The April U.S. jobs report surprised the market with significantly lower-than-expected growth, sparking a wave of analysis on the potential implications for the broader economy. Nonfarm payrolls rose by only 175,000, well below the forecasted 240,000, marking the slowest pace since October of last year. Private sector payrolls showed a similar slowdown at 167,000. One … April Jobs Report Suggests Possible Cooling of Labor Market
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