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Soft Jobs Market Clouds Outlook

U.S. companies slowed a gait of employing in Apr while profitable workers usually somewhat more, signaling a softening of a labor marketplace that knocked down economists’ expectations for a Federal Reserve interest-rate boost subsequent month.

Nonfarm payrolls rose by a seasonally practiced 160,000 in April, a weakest benefit given September, a Labor Department pronounced Friday. The stagnation rate hold solid during 5%, though a share of Americans…

Article source: http://www.wsj.com/articles/u-s-payroll-gains-slow-in-april-adding-160-000-jobs-1462537988

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