The numbers: The U.S. created a stronger-than-expected 253,000 new jobs in April and wages rose sharply, indicating there’s still lot of demand for labor even as the economy slows.

The increase surpassed the 180,000 forecast of economists polled by The Wall Street Journal.

The unemployment rate, what’s more, fell a tick to 3.4% from 3.5%,…

Source link

You May Also Like

Today’s news in 10 minutes | CNN

Story highlights This page includes the show Transcript November 8, 2023 Today…

These jeans from an iconic brand will be in style for years

Levi’s jeans that won’t go out of style Levi Strauss makes some…

Anchor Brewing halting operations after 127 years citing faltering sales, tough economic conditions

San Francisco’s 127-year-old Anchor Brewing Co. will shut down and liquidate after…

Walmart offers to pay $3.1 billion to settle opioid lawsuits

Walmart proposed a $3.1 billion legal settlement on Tuesday over the toll…