BUSINESS + ECONOMY
US labor market heats back up, adding 253,000 jobs in April
May 5, 2023, 6:44 AM
NEW YORK, NEW YORK - JULY 28: A "help wanted" sign is displayed in a window in Manhattan on July 28, 2022 in New York City. The Commerce Department said on Thursday that the nation's Gross Domestic Product (GDP) fell 0.2 percent in the second quarter. With two GDP declines in a row, many economists fear that the United States could be entering a recession. (Photo by Spencer Platt/Getty Images
(GDP)
(CNN) — The labor market heated back up in April as employers added 253,000 jobs, according to data released Friday by the Bureau of Labor Statistics. It’s a surprising increase at a time when many indicators were pointing to a slowdown in the job market.
Economists were expecting job growth to decline for the third consecutive month and 180,000 jobs to be added, according to Refinitiv.
The unemployment rate fell to 3.4% from 3.5%.
This story is developing and will be updated.
The-CNN-Wire
™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
Today’s Top Stories
Becky Edwards announces her intent to run to represent Utah’s 2nd Congressional District
Congressman Chris Stewart announces resignation
U of U Health, Regence insurance warn they may not reach a contract
Woman barricades herself inside West Jordan home, then arrested
Church announces site of Charlotte North Carolina Temple
Sen. Lee says he will vote no on debt ceiling agreement
Adult filmmakers ask judge to delay Utah law requiring porn sites verify user ages
Candidates starting to line up as potential replacement for Rep. Stewart
Herriman couple ‘lucky to be alive’ after socket smashes windshield
Lori Vallow Daybell shrugs after being handed docs about delivering up her kids, video shows
