US economy adds 253K jobs in April unemployment drops to 34

US economy adds 253K jobs in April unemployment drops to 34

U.S. nonfarm payrolls rose 253K in April, beating the 178K consensus and stronger than the revised March figure of 165K (revised from +236K). The report shows that the labor market remains robust even as the Federal Reserve has cranked up interest rates in the past year. The unemployment rate dipped…Read More

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