Sparta Capital aims to rank fourth in April non-agricultural: the job market is stable, there are no signs of a recession in the economy, and the Federal Reserve policy is expected to remain unchanged.

The positive trend in job growth indicates that the job market is still stable; the downward revision of the March data makes this report appear stronger; hourly wage growth is positive, giving the Fed more time to assess the impact of tariffs on inflation; the increase in participation rate may not be significant, possibly because the overall unemployment rate remains at 4.2%; overall, this report is stronger than expected, indicating that the economy has not yet entered a recession; this report supports the Fed maintaining its policy path at next week's meeting, the Fed may continue to keep interest rates unchanged; therefore, the June meeting once again becomes the focus of attention.