US job growth has slowed more than expected – this is why it’s good for the economy

Stocks jumped Friday morning after data showed the U.S. labor market was finally showing signs of cooling.

Employers added 175,000 jobs in April while the unemployment rate rose to 3.9 percent from 3.8 percent in March, the Labor Department reported.

Analysts say this is a “Goldilocks” number, not too hot, not too cold, which could help bring down inflation.