Published 2 years ago

Economy adds 428K jobs in April, unemployment holds at 3.6 percent

Summary by Ground News

America's employers added 428,000 jobs in April, extending a streak of solid hiring. Last month's hiring kept the unemployment rate at 3.6%, just above the lowest level in a half-century. The economy now has, on average, two available jobs for every unemployed person.

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CTV News

U.S. added 428,000 jobs in April despite surging inflation

America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.

2 years ago·Canada

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Reuters

U.S. April employment increased by 428,000 people, unemployment rate higher than expected at 3.6%

[WASHINGTON 6th Reuters] - In the April employment statistics released by the U.S. Department of Labor on the 6th, the number of non-farm employers increased by 428,000 compared to the previous month. It was a strong growth that exceeded market expectations (up 39,000 people). Although gross domestic product (GDP) in the first quarter contracted, it was shown that the fundamentals of the US economy may still be strong. The March portion increase…

2 years ago·United Kingdom

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Associated Press News

US added 428,000 jobs in April despite surging inflation

WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.

2 years ago·United States

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USA Today

Economy adds 428,000 jobs in April even as COVID cases edge higher, unemployment is unchanged at 3.6%

The economy added 428,000 jobs in April even as COVID-19 cases ticked higher. The unemployment rate was unchanged at 3.6%.

2 years ago·United States

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abc News

US added 428,000 jobs in April despite surging inflation

America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs

2 years ago·United States

Read Full Article