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U.S. adds a strong 253,000 jobs despite Fed’s rate hikes

Por: Portland Press Herald Business May 06, 2023

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Construction workers install roofing on a high rise in Manhattan’s financial district on April 11 in New York. Bebeto Matthews/Associated Press WASHINGTON — 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. The unemployment rate ticked down to 3.4%, matching a... + full article



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