Last week, we got the first evidence in months that the job market is weakening. In April, 175,000 new jobs were created. That level of job creation, while still quite robust, was lower than expected and marks the lowest level of new jobs in about a year. In addition, the unemployment rate ticked up slightly to 3.9%, suggesting that more people are looking for work. Kara goes under the hood and picks apart some of these numbers, and why weakening in the job market may be a good thing in this week’s Money with Murphy.
