A customer walks by a now hiring sign
A customer walks by a now hiring sign posted in front of a Ross Dress For Less store on April 7, 2023, in Novato, California.
  • New data out Friday shows the job market is doing well.
  • The US saw nonfarm payroll employment jump by 253,000 in April, greater than the revised gain in March.
  • The unemployment rate ticked down in April; the rate was 3.4%.

Job creation was stronger in April than expected after recent cooling.