“The U.S. economy added 253,000 new jobs in April, up from a downwardly revised 165,000 in March, according to the Bureau of Labor Statistics (BLS). This was higher than the market estimate of 180,000.”
“‘April delivered another month of jobs results that beat economists’ expectations as the labor market remains resilient,’ said Cody Harker, the Head of Data and Insights at recruitment marketing firm Bayard Advertising. ‘Despite a general cooling trend, the market pushes forward once again, driven by solid momentum in COVID-sensitive verticals and continued consumer spending on services.'”
Read the full article at The Epoch Times.