U.S. Job Market Eases, but Hiring Remains Firm

U.S. Job Market Eases, but Hiring Remains Firm

The American labor market could shift into lower gear this spring, a turnaround that economists have been anticipating for months following a strong recovery from the pandemic shock. As the Labor Department reported on Friday, employers added 175,000 jobs in April, falling short of forecasts. The unemployment rate rose to 3.9 percent. A slower expansion,…

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