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Published 15 days ago

U.S. job growth totaled 175,000 in April, much less than expected

  • US job growth slowed in April, adding 175,000 positions, based on Bureau of Labor Statistics data reported by CNN. Markets reacted positively, with futures surging.
  • April's job numbers, though lower than March's revised figure, align with pre-pandemic trends. Economists predicted 235,000 added jobs and a 3.8% unemployment rate.
  • Health care and social assistance industries saw significant job gains, with average hourly earnings growing by 3.9% annually in April.
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The GuardianThe Guardian

US adds 175,000 April jobs as hiring slows and unemployment stays steady

April’s figure was lower than forecast and unemployment rate ticked up over the month but still market remains strong

15 days ago·London, United Kingdom
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The IndependentThe Independent

US labour market cools and only adds 175,000 jobs in April

The US economy underperformed expectations as it added only 175,000 nonfarm payroll jobs in the month of April as the Federal Reserve seeks to cool inflation, according to the Bureau of Labor Statistics.

15 days ago·London, United Kingdom
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ReutersReuters

US job growth slows in April; unemployment rate rises to 3.9%

U.S. job growth slowed more than expected in April and annual wage gains cooled, but it is probably too early to expect that the Federal Reserve will start cutting interest rates before September as the labor market remains fairly tight.

15 days ago·United Kingdom
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Associated Press NewsAssociated Press News

US employers scaled back hiring in April. How that could let the Fed cut interest rates

Last month’s hiring gain was down sharply from the blockbuster increase of 315,000 in March.

16 days ago·United States
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USA TodayUSA Today

Jobs report today: Employers added 175,000 jobs in April, unemployment rises to 3.9%

U.S. employers added 175,000 jobs in April. Unemployment rose to 3.9%

15 days ago·United States
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Hindustan TimesHindustan Times

US economy adds fewer jobs than expected in April as unemployment surges in the face of higher rates

US employers pulled back on their hiring in April but still added a decent 175,000 jobs.

15 days ago·New Delhi, India
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53% Center
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