April 2024 Jobs Report. Mortgage rates tumbled on friday to their lowest since april 2023 after a weak jobs report sent bond yields sharply lower and boosted wall street's expectations for. Job growth slowed more than expected in april and annual wage gains cooled, signs of a looser labor market which are good news for markets and the.
Slowed in april, a sign the federal reserve’s efforts to shackle economic growth and curb inflation is chilling the labor market. Payroll growth slowed substantially in april as employers added 175,000 jobs amid high interest rates and stubborn inflation, while average pay increases fell to.