Payroll Gains Show U.S. Emerging From Slowdown: Global Economy
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Employers in the U.S. probably expanded payrolls in April by the most in five months, adding to evidence the world’s largest economy is springing back from a weak start to the year.
The Labor Department’s jobs report concludes a busy week on the U.S. economic calendar. The government’s initial tally of first-quarter gross domestic product on April 30 may show the slowest growth in a year. Federal Reserve policy makers, who on the same day conclude their third meeting of the year, will probably reduce the pace of assets purchases designed to stoke the economy.