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US adds a strong 253,000 jobs despite Fed’s rate hikes

Summary by PBS NewsHour
America’s employers added a robust 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy.

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Bias Distribution

  • 48% of the sources lean Left
48% Left

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Forbes broke the news in United States on Friday, May 5, 2023.
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