Powered by: Motilal Oswal
05-06-2023 10:42 AM | Source: IANS
US adds 253,000 jobs in April, surpasses expectations
News By Tags | #612 #925

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

The US added 253,000 new jobs for the month of April, according to data published by the Bureau of Labor Statistics.

US wages grew considerably, a signal that demand for labour remains strong amid what analysts call a slowing economy, Xinhua news agency reported.

The numbers exceeded analysts' expectations of 180,000 new jobs added.

The jobless rate dropped to 3.4 from 3.5 per cent last month