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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Heather Long
byHeatherLong
April jobs report key takeaways:
1) This is a historic job market w/unemployment under 4% for 27 months
2) Hiring is good, but slowing
3) Healthcare is now the major industry hiring
4) Wage growth is above inflation
5) Signs of cooling = temp help decline, avg work week down pic.twitter.com/sGUHTDZpHJ