April broke downward trend in growth of labor market, which has been slowing over the last few months
US employers added 253,000 jobs in April, a sign that resilient jobs market remains robust even after a year of Federal Reserve interest rate rises.
Labor market growth has been slowing over the last few months, from 472,000 jobs in January to 236,000 in March. April broke that downward trend in growth, the Bureau of Labor Statistics (BLS) reported on Friday.
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