News about jobs

Pretty much a goldilocks job report. 175K jobs is respectable at any time and in the context of strong prior months so a ~250K monthly average even more so. Unemployment ticked up to 3.9%. Earnings growth slowed. Most reassuring data for the Fed in the last 2+ weeks. pic.twitter.com/5G1iCTy3Cz

Today’s employment report shows the U.S. economy added 175,000 jobs in April, a bit below expectations. Revisions to prior months’ estimates were relatively small on net. Through April, the average three-month gain in payrolls was a healthy 242,000. 1/ pic.twitter.com/gcGNKezM1l

Interesting divergence from recent trends in the labor force flows data. The job-finding rate ticked up, while there was a surge in the share of employed workers moving into unemployment. pic.twitter.com/VzCAimdLBi

The labor market is not accelerating. Today's report made that clear. 175k jobs in a month would be robust enough to keep the labor market at its current temperature. But the slight tick up in unemployment & slowing wage gains shows that's not the case these days. pic.twitter.com/7CShAqY0sE