US job growth slows in April, jobless rate rises to 3.9%
Summary by RTÉ
US 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 labour market remains fairly tight.
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US job growth slows in April, jobless rate rises to 3.9%
US 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 labour market remains fairly tight.
Unemployment rose to 3.9% in the United States in April as job creation slowed down more than expected
The U.S. labor market continues to create employment at an appreciable rate, but lower than economists expected. According to the Bureau of Labor Statistics, the world's largest economy generated 175,000 jobs in April, less than economists expected, who estimated the creation of some 240,000 jobs. The unemployment rate has risen one tenth, to 3.9%, matching the revised level of February. Even though it's low, it's the highest since January 2022,…
The US unemployment rate rose to 3.9% in April and new jobs added less than expected, according to government data on Friday, indicating a cooling of the labour market.
U.S. job gains fewest in six months; unemployment rate rises to 3.9%
WASHINGTON - U.S. job growth slowed more than expected in April and the increase in annual wages fell below 4.0% for the first time in nearly three years, but it is probably too early to expect that the Federal Reserve…