Two Blokes

Jobs growth steady in April, giving Fed room to hold rates steady

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    Posted by Two Blokes Fri at 5:15 PM - Filed in General - #TwoBlokesTrading  - 0 views
    The US labor market showed reassuring resilience in April, with job growth and wage gains pointing to a steady—if slowing—economy that is giving the Federal Reserve little urgency to act when it meets next week. Employers added 177,000 jobs in April, beating expectations, while the unemployment rate held steady at 4.2%.