U.S. April Job Growth Tops Estimates, 428,000 Jobs Added

The video discusses recent economic data, highlighting a slight decrease in average hourly earnings and a strong job market with over 400,000 job gains for the 12th consecutive month. Manufacturing shows robust numbers as companies reopen. Despite some job revisions, the labor force remains strong. Sector-specific employment changes are noted, particularly in leisure, hospitality, and transportation. The report supports the Federal Reserve's stance on raising interest rates without triggering a recession.

What was the total number of people hired this month according to the report?

How many consecutive months have there been job gains of over 400,000?

What was the change in private payrolls reported?

What was the average work week reported in hours?

What does the report suggest about the Federal Reserve's ability to raise interest rates?