News Formal

Jobs report shows strong 253,000 increase in April. Labor market not cooling much

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The U.S. created 253,000 new jobs in April and wages rose sharply, indicating there's still lot of demand for labor even as the economy slows.

The numbers: The U.S. created a stronger-than-expected 253,000 new jobs in April and wages rose sharply, indicating there’s still lot of demand for labor even as the economy slows.The unemployment rate, what’s more, fell a tick to 3.4% from 3.5%,... The numbers: The U.S. created a stronger-than-expected 253,000 new jobs in April and wages rose sharply, indicating there’s still lot of demand for labor even as the economy slows.The unemployment rate, what’s more, fell a tick to 3.4% from 3.

The big increase in jobs last month is not what the Federal Reserve wanted to see. The central bank hopes the labor market will cool off and ease the upward pressure on wages.Yet a sharp increase in wages last month also underscores the resilience of the labor market. Hourly wages rose a sharp 0.5% last month, matching the biggest increase since lasts summer.

Normally that’s a great thing. A tight labor market, however, might also be adding to high inflation.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

April jobs report may point to US labor market's resilienceMonth after month, the nation's job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties across the world.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

April jobs report may point to US labor market's resilienceMonth after month, the nation’s job market has stood its ground against howling headwinds — rising interest rates, chronic inflation, major bank failures and economic uncertainties across the world.
Fonte: ksatnews - 🏆 442. / 53 Consulte Mais informação »

What to expect from the April jobs report | CNN BusinessIf the latest employment trends continue and economists' forecasts prove true, Friday's jobs report could bring back that pre-pandemic feeling.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »