Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows

[progree]

11. Something is slowing - not that that's a bad thing

I don't want the Fed to tack on another quarter point hike



In the past 3 months job gains have averaged 222k/month, which is good. (Last 6 months: 278k/month average)

Source of graph: at the top of http://www.bls.gov/news.release/pdf/empsit.pdf


Nonfarm Employment (Establishment Survey, https://data.bls.gov/timeseries/CES0000000001
Monthly changes (in thousands): https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth

Nonfarm Payroll Jobs, Rolling 3 month change (to smooth it out some), January 2021 thru April 2023
(monthly averages are 1/3 of what is shown)