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US: What to expect from the April jobs report

From cnn.com

If the latest employment trends continue and economists’ forecasts prove true, Friday’s jobs report could bring back that pre-pandemic feeling. Economists expect the US economy to have added 180,000 jobs in April, according to consensus estimates on Refinitiv. Excluding the losses during the first year of the pandemic, that would be the smallest monthly gain since December 2019. It could also hammer home the fact that the US labor market has indeed cooled down from its red-hot recovery over the past two years. Earlier this week, the latest labor turnover report from the Bureau of Labor Statistics — the Job Openings ... (full story)

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  • Category: Fundamental Analysis