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U.S. Department of Labor
USDOL
ICYMI: The unemployment rate in April 2024 was 3.9%. It has been below 4% for more than two years โ the longest stretch of unemployment this low in over 50 years. ๐ www.bls.gov/news.release/pdf/empsit.pdf #JobsReport pic.twitter.com/EkrOF8TH7X
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U.S. Department of Labor
USDOL
Retail trade employment saw a 20K increase in April 2024 โ a continued upward trend from the last 12 months. Check out the highlights from the latest @BLS_gov #JobsReport: www.bls.gov/news.release/empsit.nr0.htm pic.twitter.com/1eqCyNdGdW
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Jason Furman
jasonfurman
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
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Ben Casselman
bencasselman
U.S. employers added 175,000 jobs in April, a substantial slowdown from recent months. The unemployment rate ticked up to 3.9% but remained below 4% for the 27th consecutive month.. #jobsday
Data: www.bls.gov/news.release/empsit.nr0.htm
Full coverage: www.nytimes.com/live/2024/05/03/business/jobs-report-april-economy
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