Source: CounterPunch
by Dean Baker
“It doesn’t appear as though the jump in energy prices has yet had much effect on the labor market, as the economy added 115,000 jobs in April. Year-over-year wage growth was 3.6 percent, which is likely to be roughly even with the inflation rate that will be reported next week. The unemployment rate was unchanged at 4.3 percent, with little change for most demographic groups.” (05/11/26)
https://www.counterpunch.org/2026/05/11/on-the-april-jobs-report/