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Why did US jobs growth slow in April?

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After jobs growth slowed in April, Stephanie Aaronson cautions that employment is going to be slow to return to pre-pandemic levels as employers and workers try to match their needs and pay expectations. She also addresses the relationship between unemployment benefits, wages, and slowing the spread of the coronavirus, and why there may continue to be lingering negative effects on women’s labor force participation.

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TRANSCRIPT

PITA: As more of the U.S. population gets vaccinated and infection rates start to slow, with local pandemic restrictions easing and non-essential business starting to pick up, April’s jobs report showed a disappointing gain…

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