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The April 2024 jobs report maintains a steady pace, adding 175,000 jobs. This is a good bit lower than the average monthly gain of 242,000 over the past year, and far from the 303,000 jobs added in March. Key sectors including health care, social assistance, and transportation and warehousing led the job gains. The unemployment rate remained relatively stable at 3.9%, continuing its narrow range between 3.7% and 3.9% since August 2023.
While the job growth in April is