How Cooling Job Gains Could Shape Fed’s Decision

From Investing.com: 2025-05-05 05:03:00

April job gains exceeded expectations with 177K jobs added, but February and March numbers were revised lower by 15K and 43K respectively. After accounting for revisions, total payroll change for April was +119K, 20% below the 12-month average. Wages increased +0.2% (vs. +0.3% expected) and are up +3.8% over the last 12 months. Unemployment rate remained at 4.2%. Despite positive numbers, sentiment remains low, earning a B- grade. Employment and wage stability crucial to avoid recession.



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