Economics

Fed Officials See Strong Job Gains After April ‘Head-Scratcher’

  • Fed presidents Kaplan, Evans and Daly play down tepid payrolls
  • Supply frictions seen behind disappointing April job report
WATCH: Dallas Fed President Robert Kaplan speaks with Bloomberg Television.(Source: Bloomberg)
Lock
This article is for subscribers only.

Discover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here.

April’s disappointing employment report doesn’t change the upbeat outlook for the U.S. labor market amid strong consumer demand, Federal Reserve officials said.