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https://www.wsj.com/articles/april-jobs-report-unemployment-rate-economy-growth-2023-a500d302

April Jobs Report Shows Hiring Remained Robust in a Slowing Economy

Employers added 253,000 jobs, unemployment fell to 3.4% amid banking turmoil, rising interest rates and still-high inflation

By Sarah Chaney Cambon
The April jobs report provides the latest update on the health of U.S. consumers and how companies are responding to higher borrowing costs. It’s also got key data about the pace of inflation. WSJ’s Dion Rabouin explains. PHOTO: Bryan Tarnowski/Bloomberg News

Hiring strengthened in April, showing the job market is resilient amid banking turmoil, rising interest rates and high inflation.

Employers added 253,000 jobs in April, the best gain since January, the Labor Department said Friday. The jobless rate fell to 3.4% last month, matching the lowest reading since 1969.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.