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
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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.
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