US April Employment Report (1230 GMT). The US economy is expected to have added 205,000 new jobs in April – a solid gain and close to the average monthly gain seen during the past couple of years. The US unemployment rate is expected to remain unchanged at 5%. The rate of growth in wages has declined in the past couple of months, suggesting wage inflation is not an immediate threat. The increased participation rate has boosted the supply of labour and has a dampening effect on the inflationary pressures. The ADP employment report for April showed the private jobs increasing by 156,000, much lower than the median ... (full story)