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The U.S. labor market continues to show resilience. The U.S. added 177,000 new jobs in April while the unemployment rate stayed fixed at 4.2%. So far, the job market has shrugged off the April 2nd tariff announcements and subsequent whipsawing of financial markets.
The key question we are faced with now is: is this the last “before” report? Before, as in the last jobs report data before the impacts of sweeping tariffs.
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