US adds 115,000 jobs in April, but experts warn of hidden weakness in economyUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostUS employment rose more than expected in April, while the unemployment rate remained steady, government data showed, with the world’s largest economy firming recent labour market gains but analysts warning of underlying weakness.
“Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labour Statistics (BLS) said.
The gains mainly came in the healthcare, transport and warehousing and retail trade sectors.
US job…Read More

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