Jobs data recovers in the US as Dudley looks to help small businesses thrive
Non-farm payroll employment increases by 223,000 in April
Labour market data in the US showed signs of a recovery today (May 8), with non-farm payroll employment bouncing back from a dismal March to increase by 223,000 in April.
The jobs data is being watched carefully by the Federal Open Market Committee (FOMC) as it prepares to raise interest rates. It will only move "when it has seen further improvement in the labour market".
In March, the Bureau of Labor Statistics (BLS) estimated non-farm payroll figures grew by 126,000, which it revised down to
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