“From a bigger picture standpoint, you see a labor market that’s still pretty strong, pretty tight. This is a far, far cry from 2020 or 2009 or the outright weak labor markets we’ve seen over the past 15 or so years.”

Michael Pugliese, senior economist with Wells Fargo, commented on news that U.S. job growth slowed considerably last month, with just 175,000 positions added in April, according to Bureau of Labor Statistics. Read the CNN article, “The U.S. Economy Added Just 175,000 Jobs Last Month and Unemployment Rose to 3.9 Percent.”