Rapid wage growth is slowing, but it’s still too high for the Fed
The U.S. probably created fewer than 200,000 new jobs in April for the first time in more than two years, economists say. But they’ve been predicting a much faster deceleration in hiring for months to no avail.
Here’s what to watch in the U.S. employment report due on Friday morning.
The U.S. is expected to add 180,000…