Scott Horsley
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Job gains last month were somewhat stronger than forecasters had expected, which should allow the Federal Reserve to focus for now on fighting stubborn inflation.
For the week, the Dow gained two-tenths of a percent, the S&P 500 rose two-and-a-third percent, and the Nasdaq jumped four-and-a-half percent.
Scott Horsley, NPR News, Washington.
Healthcare, restaurants, retailers, and delivery companies all added jobs last month, while factories and the federal government cut workers.
LinkedIn economist Corey Kentenga says it's encouraging the unemployment rate stayed low at just 4.3%.
but the opportunities to find a job are still limited.
Average wages in April were up 3.6 percent from a year ago, but much of that gain is being eroded by inflation, especially with a sharp jump in gasoline prices.
Scott Horsley, NPR News, Washington.
Healthcare, restaurants, retailers, and delivery companies all added jobs last month.
while factories and the federal government cut workers.
LinkedIn economist Corey Cantanga says it's encouraging the unemployment rate stayed low at just 4.3%, but the opportunities to find a job are still limited.
Average wages in April were up 3.6 percent from a year ago, but much of that gain is being eroded by inflation, especially with a sharp jump in gasoline prices.
Scott Horsley, NPR News, Washington.
employers added 115,000 jobs in April, more than forecasters predicted, but fewer than the month before.
Job gains for February and March were revised down by a total of 16,000 jobs.
Job gains in April were concentrated in health care, retail, restaurants, and transportation.
The federal government continued to cut jobs.
A report from the Labor Department shows U.S.
employers added 115,000 jobs in April, while the unemployment rate held steady at 4.3 percent.