BREAKING NEWS: US job growth unexpectedly jumps in April as economy adds 253,000 new positions
'Dive in D.E.E.P.' author Joanie Bily predicts more companies will be investing in AI technology to replace lower level skilled jobs.
U.S. hiring grew in April by more than expected as the labor market remained surprisingly resilient in the face of rising interest rates and higher inflation.in April, the Labor Department said in its monthly payroll report released Friday, easily beating the 180,000 jobs forecast by Refinitiv economists. The unemployment rate, meanwhile, ticked lower to 3.4%.
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