The U.S. job market remains hot. In April, employers added 428,000 jobs, extending a significant return to the job market. From the report: Unemployment has remained stable at 3.6%, the lowest level since the pandemic. Now the economy has replaced almost 95% of the jobs that were lost after the coronavirus hit. And employers are still trying to hire. Vacancies remain at the highest level or close to it all the time, as companies are trying hard to recruit enough employees. “For people who are not working and looking, there are many job opportunities,” Federal Reserve Chairman Jerome Powell told reporters on Wednesday. “Wages are growing at a rate that has not been observed for quite some time, so this is a good time to be a worker, trying to either change jobs or get a raise in your current job,” he added.

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