The job market is clearly starting to slow down
of 239,000 from economists. The job gain in March was also below February's revised gain.
"Even if it's moderating or slowing down, the labor market's still moving at a brisk pace," Nick Bunker, economic research director for North America at Indeed Hiring Lab, told Insider. "This report is a Goldilocks report," Daniel Zhao, lead economist at Glassdoor, told Insider."It was really great to see that job gains remain strong, and the labor market is resilient, but we're also seeing evidence that things are cooling off gradually. So I think the Fed looks at today's report as a really healthy indicator. And then on top of that, we hit some major milestones, with theThe low unemployment rate was one positive in the report.
"I would say that the blemish on today's report is we saw some weakness, especially in the goods-producing sectors," Zhao said on Friday.
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