April jobs data signal slim gains but steady unemployment
TL;DR
Markets expect April payroll gains of about 55,000 with the unemployment rate near 4.3%, signaling a cooling but still resilient labor market; wage growth is uneven, with higher earners seeing larger after-tax gains than lower earners, complicating the Fed’s policy path.
Topics:businesseconomy#economy#federal-reserve#jobs-report#labor-market#unemployment-rate#wage-growth
- Here's what to expect from Friday's release of the April jobs report CNBC
- Jobs report coming Friday as layoff announcements mount, but hiring appears to be on the upswing Yahoo Finance
- All eyes on job market as Fed's rate-cut window narrows Reuters
- Are businesses really starting to hire again? The April jobs report will help clue us in. MarketWatch
- What to expect in Friday’s jobs report CNN
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