Yakuda
Verified User
"Payrolls rose by 115,000 last month and the unemployment rate stayed at 4.3%, the Labor Department said Friday. Economists surveyed by Bloomberg had estimated a median gain of 65,000 jobs following March’s blockbuster increase of 178,000 roles, which was revised upward to 185,000. February’s jobs report was revised lower to a loss of 156,000 positions.
“This is a very strong number, and I think it's hard to argue against the notion right now that the labor market is on solid footing,” Michael Reid of RBC Economics told Yahoo Finance."
finance.yahoo.com
“This is a very strong number, and I think it's hard to argue against the notion right now that the labor market is on solid footing,” Michael Reid of RBC Economics told Yahoo Finance."
April jobs report: Economy adds 115,000 jobs, far better than expected
Payrolls rose by 115,000 last month, and the unemployment rate stayed at 4.3%.