Joe.My.God. LGBT News
CNBC reports:
Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday. Nonfarm payrolls increased 253,000 for the month, beating Wall Street estimates for growth of 180,000, according to the Bureau of Labor Statistics.
The unemployment rate was 3.4% against an estimate for 3.6% and tied for the lowest level since 1969.
Professional and business services led the job gains with an increase of 43,000. That was followed by health care (40,000), leisure and hospitality (31,000) and social assistance (25,000). Despite serious banking industry troubles, jobs in finance increased by 23,000. Government hiring rose by 23,000.
Read the full article.
Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows https://t.co/Z2TyXV42sg
— CNBC (@CNBC) May 5, 2023
US labor market heats back up, adding 253,000 jobs in April. It’s a surprising increase as economists expected a decline. https://t.co/aUa43P8fP3
— CNN Breaking News (@cnnbrk) May 5, 2023
The April jobs report beats expectations, adding 253,000 non-farm payroll jobs while the unemployment rate falls to 3.4%. pic.twitter.com/JVhuHmUvud
— Yahoo Finance (@YahooFinance) May 5, 2023
BREAKING: The April jobs report comes in much hotter-than-expected. @RickSantelli has the details: pic.twitter.com/USL0UhKtDs
— Squawk Box (@SquawkCNBC) May 5, 2023
US added 253,000 jobs in April in stronger than expected jobs report https://t.co/bNziCyAHcb pic.twitter.com/0Y9trDZGYK
— New York Post (@nypost) May 5, 2023