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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, he ....
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 cares, hospitality, all of them adding tens of thousands of jobs. our economist summed it up best. he said the american labor market right now is simply unstoppable. now there were negative revisions to february and march that showed fewer jobs added. we could say that hiring has slowed down, but not by that much. all of this is great news for everyone worryied about a recession. there s nothing about today s report that screams an ongoing or imminent recession. here s the problem for the federal rezeb serve. inflation is still more than double what is considered healthy. that is the green line on the screen. and wages, the blue line, they ....