BUSINESSCOINDESK
U.S. job growth blows past forecasts, setting stage for Fed rate hikes
U.S. job growth exceeded forecasts, indicating a stronger labor market than anticipated. This development is likely to prompt the Federal Reserve to consider rate hikes.
Related Signal
Adjacent reporting
- U.S. added 115K jobs in April, nearly doubling expectations
- US job openings pick back up
- Australia’s Surprising Jump in Unemployment Trims Rate-Hike Bets
- Treasuries Gain Ahead of US Payrolls With Jobs Growth Expected
- Private payrolls rose by 109,000 in April, topping expectations, ADP says
- Philippine Peso Falling Trajectory Defies Rate Hike Expectations