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The US Bureau of Labor Statistics (BLS) reported a growth of 115,000 non-farm payroll jobs in April, while the unemployment rate held steady at 4.3%.
RBC Capital Markets head of US economic research Michael Reid and UBS Global Wealth Management head of taxable fixed income strategy Leslie Falconio react to the April jobs report and what the labor data is signaling about the US economy, the strength of consumers, and the Federal Reserve’s inflation outlook.
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