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U.S. Job Growth Was Sturdy in April, Economists Say
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Economists estimate the U.S. economy posted robust job growth in April despite rising interest rates, jittery stock markets and growing fears of a slowdown.
The Labor Department is set to report the latest jobs figures at 8:30 a.m. ET Friday. Economists surveyed by The Wall Street Journal think that 400,000 jobs were created in April and that the unemployment rate fell to 3.5%—where it stood just before the pandemic and a five-decade low—from 3.6%.
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