US Employers Add 175,000 Jobs in April, Below Expectations, Opening Possibility for Fed Interest Rate Cuts
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#2140b79c ver:1.23

US employers added 175,000 jobs in April, below expectations, opening the possibility for Fed interest rate cuts. The weak jobs report indicates a cooling labor market and slower wage growth, aligning with the Fed's goals of preventing inflation from rising. Investors are now expecting rate cuts in September, with bond market investors already pricing in a 25 basis point cut. The report also highlights concerns about concentration of job growth in healthcare and education sectors and gradual increase in unemployment rate. #jobs #economy #inflation #interestrates...

#newstr #UsFederalReserve #JobMarket #InterestRates #Inflation #UsLaborCosts 

 https://here.news/story/2140b79c?ver=1.23