Jobs

US adds 253,000 jobs in April, surpasses expectations

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

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

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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.

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

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This post was last modified on May 6, 2023 10:15 am

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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