April jobs report underscores cooling labor market

April's weaker-than-expected jobs data painted a softer picture of the US labor market, potentially altering the narrative surrounding the Federal Reserve's monetary policy stance. While a robust job market has been the main point of the Fed's argument for maintaining a "higher for longer" interest rate environment, how could cooling employment data influence the central bank's future decisions?
Yahoo Finance Fed reporter Jennifer Schonberger breaks down the details.
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[@billjohn3287]

Strength of what ? .. the jobs market is devastating, and the wages are disastrous, especially for IT professionals , Jay Powell and the Feds are not telling the truth about the disastrous and chaotic situation of the USA

[@umdisc64]

Devastating? Yeah sure, 😒 the country is in shambles; that's why I see people going to work everyday.