Economic Preview: Unemployment close to breaking below 4% barrier: What to watch in April jobs report

Bloomberg News/Landov
An operator works alongside robots to produce fears at a factory in South Carolina. Companies are using more automation to boost production in a time of growing labor shortages.

Is this the month the U.S. unemployment rate finally falls to 4% or even less for the first time since Bill Clinton was president? Most financial pros seem to think so.

After all, the U.S. has averaged a robust 202,000 new jobs a month so far in 2018, job openings remain near a record high and most companies say they are still hiring.

Here’s what to watch on Friday for the April employment report.

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