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Published on Friday, May 6, 2016 | Updated on Friday, May 6, 2016

U.S. | Job growth slows but wages intensify in April

Nonfarm payrolls rose 160K, less than consensus expectations of 200K. Unemployment rate remained constant at 5.0%, while the participation rate declined to 62.8%. Average weekly hours and earnings increased, however, resulting in mixed signals for the Fed