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April Jobs Report: Solid Gains Support A Fed Holding Pattern
2026-05-09 · via All Articles on Seeking Alpha

Summary

  • The April employment report showed a significantly stronger-than-expected 115,000 gain in payrolls.
  • With wages trending lower, the risk of an inflationary spiral remains low, providing the Fed with some breathing room.
  • Today’s job report is hardly a signal of a reaccelerating job market.
Cup of coffee, reading glasses and a newspaper with job advertisements during a job search

Stadtratte/iStock via Getty Images

By Seema Shah, Chief Global Strategist

The April employment report showed a significantly stronger-than-expected 115,000 gain in payrolls. This was bolstered by a positive revision to last month’s even stronger gain. Strong payrolls and a still-low unemployment

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