Robust Hiring in April Shows U.S. Job Market Remains Hot in Cooling Economy

  • 📰 WSJ
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The U.S. added 253,000 jobs in April and the unemployment rate edged down to 3.4% as the labor market remains resilient amid banking turmoil, still-high inflation and rising interest rates WSJWhatsNow

Updated May 5, 2023 4:59 pm ETThe payroll numbers for April show a resilient job market despite banking turmoil, rising interest rates and high inflation. Photo: Jordan Vonderhaar/Bloomberg News

Americans landed jobs and their wages increased in April, showing the labor market remained resilient amid banking turmoil, rising interest rates and

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

April hiring gains reflect a still-resilient US job marketAmerica’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy.
Source: KPRC2 - 🏆 80. / 68 Read more »