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US Jobs Report Shows Gain of 428,000, Adding to Price Pressures

Friday's Labor Department report showed that employment growth stayed robust last month, at a level that should continue to worry the Federal Reserve about a too-tight jobs market.

Updated May 11, 2023, 6:22 p.m. Published May 6, 2022, 12:44 p.m.
A 'Now hiring' sign is displayed at a FedEx location on June 23, 2021, in Los Angeles. (Photo by Mario Tama/Getty Images)
A 'Now hiring' sign is displayed at a FedEx location on June 23, 2021, in Los Angeles. (Photo by Mario Tama/Getty Images)