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2024-05-03 12:58:09

US Labor Market Shows Signs of Slowdown as Job Switchers Decrease on Nostr: US Labor Market Adds 175,000 New Jobs, Undershooting Forecasts =============== ...

US Labor Market Adds 175,000 New Jobs, Undershooting Forecasts
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#b06621a6 ver:0.11

Despite falling short of expectations, the US labor market added 175,000 jobs in April, showing resilience. The unemployment rate increased slightly to 3.9%, but the overall strength of the economy remains solid. The Federal Reserve can still push back on rate cut expectations. Skilled labor is in demand as white-collar hiring slows, with higher unemployment rates in business services and lower rates in manufacturing. The US labor market is poised for continued growth. #Jobs #Economy #LaborMarket...

#newstr #UsLaborMarket #JobGrowth #UsEconomy #UnemploymentRate #SkilledLabor #WhitecollarHiring

https://here.news/story/b06621a6?ver=0.11
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