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US Jobs Report to Show Resilience in the Wake of Iran War

Bloomberg.com·Matthew Boesler, Craig Stirling·about 1 month ago
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#economics#war#iran#jobs#labor#growth
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The energy shock from the Iran war may be casting a shadow over the outlook for the US economy, but the labor market is yet to register any signs of it.

Forecasters expect the April jobs report on Friday to show a solid 62,000 increase in payrolls, accelerating wage growth, a stable unemployment rate and an uptick in labor force participation. Private-sector job growth was probably even stronger, based on a Bloomberg survey of economists.

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