US Economy Adds 177,000 New Jobs in April, Tops Market Estimates

5Mind. The Meme Platform

Payroll growth was led by health care, transportation and warehousing, and financial activities.

The U.S. labor market remains solid amid a backdrop of uncertainty as the economy created a higher-than-expected number of new jobs.

According to the Bureau of Labor Statistics, the U.S. economy added 177,000 new jobs in April. This is down from the 185,000 positions created in March, which was adjusted lower from 228,000.

Last month, the unemployment rate was unchanged at 4.2 percent.

Average hourly earnings held steady at 3.8 percent year over year.

The labor force participation rate edged up to 62.6 percent, and average weekly hours were flat at 34.3.

The consensus forecast indicated 130,000 new jobs and the unemployment rate holding steady at 4.2 percent.

Employment gains were concentrated in health care (51,000), transportation and warehousing (29,000), and financial activities (14,000).

Federal government employment tumbled by 9,000 and has declined by 26,000 so far this year.

“Employees on paid leave or receiving ongoing severance pay are counted as employed in the establishment survey,” the Bureau of Labor Statistics noted.

Manufacturing payrolls fell by 1,000.

Employed full-time workers increased by 305,000, while part-time employees increased by 56,000.

The number of people working two or more jobs decreased by 76,000 to 8.86 million.

The years-long gap in payroll growth among U.S.- and foreign-born workers narrowed last month.

Employed foreign workers declined by 410,000 from March to April. However, employed American-born individuals increased by more than 1 million.

The number of long-term unemployed—individuals out of work for 27 weeks or more—jumped by 179,000 to 1.7 million. The long-term unemployed account for nearly one-quarter (23.5 percent) of all jobless people.

Revisions continued as employment in February and March were adjusted lower by 58,000 from initial reporting.

By Andrew Moran

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Kazakhstan Might Have Just Placed Itself On An Irreversible Collision Course With Russia

First Deputy Chair of the Duma Defense Committee Alexei Zhuravlev condemn Kazakhstan switch to NATO standards to abandon the Russian military-industrial complex.

Twas the Night Before 3i/Atlas

And all through our Solar System, not an extraterrestrial alien was stirring according to today’s wisdom. But on Dec. 19. 2025, things could change.

Zach De Gregorio Calls Out Tim Pool!

A video on Wolves And Finance by Zach De Gregorio responded defensively to an earlier Tim Pool segment aired on the Timcast channel.

Rob Reiner’s Death Proves Trump Right, Again

“I believe Donald Trump will be the last president...

British Medical Journal Decries Racist Western Opposition to Female Genital Mutilation

In its “Journal of Medical Ethics” the British Medical Journal endorsed the tradition of female genital mutilation among certain North African cultures.

Suspect in Brown University, MIT Professor Shootings Found Dead: Officials

A suspect in a fatal shooting at Brown University was found dead, officials announced. The man appears to have died from a self-inflicted gunshot wound.

US Indicts Over 70 Tren de Aragua Members in Nationwide Crackdown

DOJ announced multiple indictments against more than 70 members of Tren de Aragua in a nationwide crackdown on the foreign terrorist organization.

Stanford Study Pinpoints Cause of Vaccine-Linked Myocarditis and a Possible Fix

Myocarditis from COVID-19 vaccines is caused by two chemicals acting together, according to a new Stanford study published on Dec. 10.

Democrats Demand Vote on ACA Credits Before House Recesses for Holidays

House Democrats on Dec. 18 urged Speaker Mike Johnson to bring a bill extending Affordable Care Act tax credits to the House floor before the holiday recess.

Trump Gives Federal Workers 2 More Days Off: Dec. 24 and 26

President Donald Trump signed an executive order on Thursday closing the federal government on Dec. 24 and 26.

Trump Signs Executive Order to Pursue US Space Superiority

Hours after NASA’s new permanent administrator was sworn in, Trump signed an executive order advancing a policy of American dominance in outer space.

Trump Directs Administration to Reclassify Cannabis to Allow for Medical Research

President Trump signed an EO directing Attorney General Pam Bondi to expedite the reclassification of cannabis for the purpose of allowing medical research.

Trump Highlights Measures to Drive Down Costs in Prime-Time Address

President Trump told the nation his administration is prioritizing the American economy and reducing the cost of living during address from the White House on Dec. 17.
spot_img

Related Articles