The US job market is expected to remain strong in April, with economists predicting a slight softening in job gains compared to the previous month. The economy has been adding an average of 276,000 jobs per month this year, surpassing last year’s numbers. Economists attribute the consistent job growth to high labor force participation rates and an increase in immigrant workers. Despite concerns about high interest rates impacting the economy, the labor market is still considered to be in an excellent state. Layoff activity remains low, and jobless claims continue to be at historically low levels.
