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%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

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.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »

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.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »

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.
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »