A strong jobs report defied recession alarms. Here are the industries hiring workers
Some industries posted blockbuster expansions in April while others lagged far behind. A better-than-expected jobs report on Friday defied interest rate hikes that aim to slash inflation by cooling the economy. Instead, the U.S. added 253,000 jobs in April, marking a slight decline from an average of 290,000 over the previous six months. The unemployment rate fell to 3.4%, matching a 54-year low, government data showed. The job gains, however, did not accrue evenly across sectors. Some industries posted blockbuster expansions while others lagged far behind. "There are good signs and there's broad growth," William Spriggs, chief economist for the labor federation AFL-CIO, told ABC News. "But many of the sectors didn't do very much." MORE: Is PacWest Bank on the brink of collapse? Experts weigh in after shares plummet 50% Here's what to know about which industries are seeing jobs grow the fastest and why: Business and professional services: 43,000 jobs...