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  • The US unemployment rate remained low in April, but it ticked up.
  • Nonfarm payrolls increased by 175,000 in April, per a news release on Friday.
  • Data out Wednesday showed quits dropped in March, but over 3 million people quit.

In the US, the unemployment rate increased from March to April. Plus, job growth in April slowed down a lot, a new labor market report on Friday showed.

Tags
economy, Markets, economy, Jobs, nonfarm-payrolls, Unemployment, unemployment-rate, BLS, job-growth, labor-market, insider-graphics
Source
The job market is starting to show cracks. Hiring fell short of expectations fo…