U.S. job growth slowed more than expected in April, and the increase in annual wages fell below 4.0 percent for the first time in nearly three years.
The Labor Department’s closely watched employment report on Friday also showed the unemployment rate rising to 3.9 percent from 3.8 percent in March amid increasing labor supply. The jobless rate remained below 4 percent for the 27th straight month. Data this week showed job openings declining in March.
NTD spoke with Julia Pollak, chief economist at ZipRecruiter, for her analysis.
