U.S. Hiring and Worker Pay Increased in April
The job growth was broad-based, reflecting gains in health care, professional and business services as well as leisure and hospitality.
Jobs Report
U.S. Adds 517,000 New Jobs in January, Unemployment Rate Lowest Since 1969
Hiring topped all estimates in a Bloomberg survey of economists, which called for a 188,000 gain in payrolls and for the unemployment rate to rise to 3.6%.
ADP Says 107,000 Jobs Added in January; Salaries Up 7.3%
Private sector employment increased by 106,000 jobs in January and annual pay was up 7.3 percent year-over-year, according to the January ADP National Employment Report.
U.S. Job Openings Pass 11 Million
Vacancies at U.S. employers unexpectedly increased at the end of 2022, illustrating a solid appetite for labor that the Federal Reserve sees as one of the last hurdles to bring down inflation.