#jobsreport #labormarket #unemployment
US job growth continued to strengthen in April as the unemployment rate remained flat, offering another sign that the labor market might be stabilizing.
Payrolls rose by 115,000 last month, and the unemployment rate stayed at 4.3%. Economists surveyed by Bloomberg had estimated a median gain of 65,000 jobs following March’s blockbuster increase of 178,000 roles, which was revised to 185,000. However, February’s jobs report was revised lower to a loss of 156,000 positions.
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