A Good, But Not Great, Jobs Report
It looks like spring has finally arrived for the U.S. economy, but it’s not time to crack out the bubbly just yet.
The headline figure in Friday’s employment report—288,000 jobs added in April—was encouraging, as were some other details in the report. After the latest revisions, job growth in the past three months averages to about 240,000, a marked improvement over last year.
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