Author Topic: U.S. Added 177,000 Jobs in April, Better Than Expected, As Economy Defies Doomsayers  (Read 73 times)

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U.S. Added 177,000 Jobs in April, Better Than Expected, As Economy Defies Doomsayers

John Carney 2 May 2025

Employers in the United States added 177,000 workers to their payrolls in April, the Department of Labor said Friday, and the unemployment rate was unchanged at 4.2 percent, defying predictions of labor market sluggishness following President Trump’s announcement of tariffs.

Economists had been expecting 130,000 jobs and an unemployment rate unchanged at 4.2 percent. The prior month’s jobs figure was revised down to 185,000 from 228,000

The strength in hiring came from the private sector, which added 167,000 jobs. Economists had expected private employers to add just 125,000 workers. This was nearly unchanged from the downwardly revised 170,000 jobs added in March.

The labor market drew in more workers, growing the supply of labor in April. The participation rate rose to 62.6 percent from 62.5 in the previous month. The number of people employed in the month rose by 436,000 to 163,944,000.

The average workweek expanded to 34.3 hours from 34.2 hours, a sign that employer demand for labor grew in the month.

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https://www.breitbart.com/economy/2025/05/02/u-s-added-177000-jobs-in-april-better-than-expected-as-economy-defies-doomsayers/
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