July 19, 2024

April Jobs Report Suggests Possible Cooling of Labor Market

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

The post April Jobs Report Suggests Possible Cooling of Labor Market appeared first on ImaStockTrader.

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