Overview

• April's forecasted job additions mark a decrease from March but continue a 40-month streak of employment expansion.
• Unemployment rate expected to hold steady at 3.8%, near historic lows.
• Increased participation from immigrant workers and prime-age women boosts labor force.
• Job openings dip to a three-year low, indicating a gradual cooling of the labor market.
• Federal Reserve maintains current interest rates, signaling cautious optimism amid moderate economic growth.