1308 ET - A few worrisome numbers can be found under the hood of April's otherwise bullish jobs report, LPL Financial's Lawrence Gillum says. Payrolls come in at 115,000, well above forecast. Gillum notes, however, that revisions bring the three-month average payroll growth to a relatively low 48,000. Unrounded unemployment ticks higher, which is partially offset by a decline in the size of the labor force. "Probably more importantly, the U6 underemployment rate [which includes the underemployed] increased by 0.2 [percentage point] to 8.2%, largely reflecting an increase in part-time workers for economic reasons," Gillum says. Bond yields tick lower, influenced by hopes of peace talks with Iran. The 10-year is at 4.362%. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
May 08, 2026 13:08 ET (17:08 GMT)
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