3.4%. black unemployment a lowest ever level of 4.7%. job gains in health care, in the restaurant industry, construction, wages climbing, us is purltives are plenty. but yes, also disruptive. the fed suggesting this week it might be done with interest rate hikes, but these jobs numbers spiking after a downward trnd the past three months underlies the effect to cool the economy to tame inflation. let s get to new york and matt egan. walk us through the big numbers, and forgive me if i have to interrupt. this historic jobs boom continues. despite everything going on now, despite the fed slamming the brakes on the economy, despite the worst banking crisis since 2008, and despite the wave of tech layoffs we keep hearing about, people thought hiring would slow down in april. instead, it accelerated. 253,000 jobs added. 3.4% unemployment rate. to go low you have to go back to 1953 under dwight eisenhower. we saw across the board solid numbers here. professional services, health c
3.4%. black unemployment a lowest ever level of 4.7%. job gains in health care, in the restaurant industry, construction, wages climbing, us is purltives are plenty. but yes, also disruptive. the fed suggesting this week it might be done with interest rate hikes, but these jobs numbers spiking after a downward trnd the past three months underlies the effect to cool the economy to tame inflation. let s get to new york and matt egan. walk us through the big numbers, and forgive me if i have to interrupt. this historic jobs boom continues. despite everything going on now, despite the fed slamming the brakes on the economy, despite the worst banking crisis since 2008, and despite the wave of tech layoffs we keep hearing about, people thought hiring would slow down in april. instead, it accelerated.
have been phony in the past but it s very real now. let s get analysis now from liz clay man in new york. very real. this was a blow out jobs report. big upside beat. really good news any way you look at it. 235,000 jobs versus the expectation of 190,000 which would have been a good number. january s number was upwardly revised. sometimes that happens when they get more information and they change the number. it had a gain of about 230 thousand. we had wages climbing, average hourly earnings popped 2.8%. employers have to pay more to fill positions. we saw big gains in construction jobs. 58,000 added there. this was a good news piece bret. 28,000 manufacturing jobs sprouted up. retail is a mess. it s the amazon effect that
have been phony in the past but it s very real now. let s get analysis now from liz clay man in new york. very real. this was a blow out jobs report. big upside beat. really good news any way you look at it. 235,000 jobs versus the expectation of 190,000 which would have been a good number. january s number was upwardly revised. sometimes that happens when they get more information and they change the number. it had a gain of about 230 thousand. we had wages climbing, average hourly earnings popped 2.8%. employers have to pay more to fill positions. we saw big gains in construction jobs. 58,000 added there. this was a good news piece bret. 28,000 manufacturing jobs sprouted up. retail is a mess. it s the amazon effect that