#Payroll - 04/04 Mucilon is on track, came in strong and above expectations, indicating a resilient labor market in the US. 1. Job creation: 228 thousand jobs > WELL above expectations. Better than February, which was revised to 117 thousand. The number is within the 'healthy growth' range, indicating a still solid economy. So far, ALL GOOD! 2. Unemployment rate: Rose to 4.2%, just slightly above expectations. Previous was 4.1%. What may end up indicating that more people are entering the labor market looking for jobs.
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