Job Creation Higher than Expected in April
By Orville Lynch, Jr. on May 8, 2023
U.S. employers added 253,000 new jobs in April, beating economists' expectations, and the unemployment rate ticked down to 3.4 percent, one of the lowest levels on record, according to the latest employment report from the U.S. Bureau of Labor Statistics. The report shows that—in contradiction of conventional thinking—hiring is not slowing down, and came in stronger than previous months, which […]
Read more