What a stronger than expected jobs report tells us about the state of the economy
Summary
The U.S. Labor Department reported that unemployment stayed the same in April while the country added 115,000 jobs, which was more than expected. Experts discuss what these job numbers mean for the overall health of the U.S. economy.Key Facts
- The unemployment rate did not change in April.
- The U.S. added 115,000 new jobs in April.
- This number of new jobs was higher than what experts predicted.
- The Labor Department provided the job and unemployment data.
- Mohamed El-Erian, a business professor and economic advisor, talked about the economic impact of these numbers.
- The discussion was part of a report by Amna Nawaz.
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