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2024-05-04 00:43:27

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US Job Growth Slows, Unemployment Rate Rises in April
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#fd354de0 ver:0.59

US job growth slows in April, with only 175,000 jobs added, below expectations. Unemployment rate rises to 3.9%. Wage growth also slows. Despite this, the job market remains strong, with steady consumer spending. Stock prices rise, indicating possible rate cuts. Skilled workers still in high demand. Investors react positively, but caution is advised. The Federal Reserve maintains high lending rate. Lydia Boussour predicts job growth to slow further. ADP reports better private sector job numbers. US economy faces challenges. #jobs #economy #unemployment #wages #stockmarket #FederalReserve...

#newstr #UsJobGrowth #UnemploymentRate #WageGrowth #FederalReserve #StockMarket #UsDollar

https://here.news/story/fd354de0?ver=0.59
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