Wall Street cheered the April jobs report Friday after new federal data showed hiring far stronger than expected, easing fresh recession jitters that had been building in recent weeks.
Total employment increased by 115,000 in April, according to the Bureau of Labor Statistics. Economists had been looking for a gain of 62,000.
The unemployment rate was unchanged at 4.3%.
The upside surprise landed as investors had...... to continue reading, follow the link below
Read more about Wall Street Surges As New Jobs Report Crushes Recession Fears
Total employment increased by 115,000 in April, according to the Bureau of Labor Statistics. Economists had been looking for a gain of 62,000.
The unemployment rate was unchanged at 4.3%.
The upside surprise landed as investors had...... to continue reading, follow the link below
Read more about Wall Street Surges As New Jobs Report Crushes Recession Fears