US Job Openings Surpass Expectations in April, Indicating Labor Market Strength
The upcoming U.S. jobs report is expected to show a slowdown in job creation to around 125,000 in May, down from April's 177,000, but the labor market remains resilient despite economic upheavals and tariff concerns. The unemployment rate is expected to stay steady at 4.2%, and the report could influence Federal Reserve interest rate decisions, especially if job growth slows further due to tariffs and inflation pressures.