The latest report of US Bureau of Labor Statistics Indicates Nanfrum Pirol increased For this month, up to 177,000, seasonally adjusted, 133,000 above the estimates of Dow Jones. The unemployment rate was at 4.2 % as expected. The report said health care Included 51,000 jobs, and transportation and warehouses, financial activities, and social aid also increased further, but the federal government’s jobs decreased.
Employed in February and March Actually 58,000 less than reported.
“Today’s report is a welcome surprise, showing a flexible labor market where employers continue to increase their workforce despite economic uncertainty,” Dual dualUS Country Manager in the Main Power Group told Businessman. “However, the Foundation still has cracks that highlight stress in the labor market.”
Doll said his company’s real-time data shows that jobs decrease by 11 % during the annual year, but the labor market is not in crisis-it is at a confluence.
For example, Doyle says employers are “aggressively increasing their workforce”, and fewer workers are leaving their jobs, while “those who do this work are challenging to re -enter the job market.”
Will the feed cut rate?
Elvis Auson BoogHead of Investment Strategy in JP Morgan Wealth Management, said Businessman In an email that “a wide labor market remained on a solid basis,” while saying that “could be the last month in April when we did not see the overall impact of trade war 2.0, DOG job deductions, and strict immigration policy.”
The latest report is unlikely that the latest report is unlikely to take action from the feed next week, which is not expected to reduce the rate at the next meeting.
Auson Bog says the feed will continue to do its “patient, data -dependent approach.
The next Federal Open Market Committee (FOMC) meeting is May 6-7.