📉The US added 175,000 jobs in April, below the expected 240,000.
💰Wage growth came in at 3.9% year-over-year, also below expectations.
👔High-skilled workers are in a buyer's market, while frontline workers are in a seller's market.
🌐Upskilling and reskilling are crucial for future job prospects, especially in niche areas like generative AI.
📉💵The weaker-than-expected jobs report may impact future cuts by the Federal Reserve.
How many jobs did the US add in April?
—The US added 175,000 jobs in April.
What was the expected number of jobs added?
—The expectation was 240,000 jobs.
What is the wage growth rate year-over-year?
—The wage growth rate is 3.9% year-over-year.
What is the job market like for high-skilled workers?
—High-skilled workers are in a buyer's market.
What is the job market like for frontline workers?
—Frontline workers are in a seller's market.
00:00The US added 175,000 jobs in April, below the expected 240,000.
00:08Wage growth came in at 3.9% year-over-year, also below expectations.
00:22High-skilled workers are in a buyer's market, while frontline workers are in a seller's market.
01:46Upskilling and reskilling are crucial for future job prospects, especially in niche areas like generative AI.
02:55The weaker-than-expected jobs report may impact future cuts by the Federal Reserve.
