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quoting note1j6x…tc0wUS Job Growth Slows, Reviving Expectations of Rate Cuts
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#fd354de0 ver:0.57
US job growth slows in April, with employers adding 175,000 jobs, lower than expected. Unemployment rate rises to 3.9%. Wage growth also slows. The Federal Reserve may consider rate cuts to combat inflation. Construction and retail sectors see gains. Stock prices rise, indicating potential rate cuts. Analysts caution more evidence needed. Fed Chair Powell prepared to respond to weakness. Black community unemployment rate decreases. Goldilocks report pleases Fed and markets. Rate cuts may happen as early as September. #USjobs #economy #inflation #ratecuts...
#newstr #UsJobGrowth #UnemploymentRate #FederalReserve #InterestRates #Inflation
https://here.news/story/fd354de0?ver=0.57