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Good U.S. payrolls gains seen, but swelling labor force to cap wage growth

May 6, 2016 by · Leave a Comment 

U.S. employment likely rose again in April, but a rush of job seekers into the labor market should keep wage gains moderate and buy a cautious Federal Reserve more time before raising interest rates again. Nonfarm payrolls probably increased by 202,000 last month in U.S. Labor Department data…

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Good U.S. payrolls gains seen, but swelling labor force to cap wage growth