U.S. hiring slowed in April, missing estimates
Housing Wire
MAY 3, 2024
Job gains were most notable in health care (+56,000), in social assistance(+31,000), and in transportation and warehousing (+22,000). The Federal Reserve ’s Federal Open Markets Committee (FOMC) maintained its short-term interest rate steady at a range of 5.25% to 5.5% A slowing labor market can be both good and bad for the U.S.
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