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The US added 115,000 jobs in April, beating expectations, with unemployment steady at 4.3 percent. But record-low consumer confidence signals households are increasingly worried about the outlook, which could dampen spending and pressure corporate earnings ahead.
U.S. employers added 115,000 jobs in April, beating expectations while unemployment stayed low. Despite the largest global oil supply disruption in history, the American labor market has so far shown little damage.
The U.S. economy added 115,000 jobs in April, with unemployment at 4.3%, as geopolitical tensions with Iran clouded the outlook. The soft hiring pace puts pressure on the Federal Reserve to weigh whether rate cuts are needed to sustain growth.
U.S. weekly jobless claims fell to 189,000, the lowest level in over 50 years, pointing to an exceptionally tight labor market. The reading gives the Federal Reserve less reason to cut interest rates in the near term. Markets will watch whether this low holds in coming weeks.
Tag
The US added 115,000 jobs in April, beating expectations, with unemployment steady at 4.3 percent. But record-low consumer confidence signals households are increasingly worried about the outlook, which could dampen spending and pressure corporate earnings ahead.
1mo ago · 2 min · Economy
U.S. employers added 115,000 jobs in April, beating expectations while unemployment stayed low. Despite the largest global oil supply disruption in history, the American labor market has so far shown little damage.
1mo ago · 2 min · Economy
The U.S. economy added 115,000 jobs in April, with unemployment at 4.3%, as geopolitical tensions with Iran clouded the outlook. The soft hiring pace puts pressure on the Federal Reserve to weigh whether rate cuts are needed to sustain growth.
1mo ago · 2 min · Economy
U.S. weekly jobless claims fell to 189,000, the lowest level in over 50 years, pointing to an exceptionally tight labor market. The reading gives the Federal Reserve less reason to cut interest rates in the near term. Markets will watch whether this low holds in coming weeks.
2mo ago · 1 min · Economy
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