Latest Post

Legendary NFL Running Back and Social Activist Jim Brown Passes Away at 87 Trey Gowdy Slams Democrats’ Lack of Progressiveness, Questions Dianne Feinstein’s Treatment

The US economy added 253,000 jobs in April, surpassing expectations despite a slower economic growth rate.

Private job growth was particularly strong, exceeding predictions by 70,000 jobs, while the unemployment rate remained at a steady 3.4%.

Average hourly earnings also saw a slight increase, up 0.2% from February and 4.4% year over year.

Labor force participation remained steady as well, with a slight improvement to 62.6%.

The news caused interest rates to rise, with yields on 20 and 30-year bonds increasing.

However, pre-opening equities remained down by about half a percent.

Overall, the April jobs report provides some positive news for the US economy, despite ongoing challenges.

Leave a Reply