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US adds 253,000 jobs in April, exceeding expectations

Por: The Hill Politics May 05, 2023

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The U.S. economy added 253,000 jobs in April, surpassing analyst forecasts of 180,000 new jobs, according to Labor Department data released Friday. The unemployment rate remained historically low at 3.4 percent, down from 3.5 percent the previous month.  The Federal Reserve’s interest rate hikes aimed at slowing the economy and taming inflation are impacting hiring. Many economists expect higher rates and a lending slowdown by banks to... + full article



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