April jobs report expected to show a 'cooling' labor market
Fox Business -

The April jobs report is expected to show the U.S. labor market cooled last month but that hiring remained solid even in the face of high interest rates and chronic inflation. The Labor Department's April payroll report, due at 8:30 a.m. ET Friday, is projected to show that hiring increased by 243,000 last month and that the unemployment rate held steady at 3.9%, according to a median estimate by LSEG economists. That would mark a decrease from the 303,000 gain in March, but it remains above the...

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