U.S. Added 177,000 Jobs in April, Better Than Expected, As Economy Defies Doomsayers
Share this @internewscast.com

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. Average hourly earnings rose 0.3 percent. Compared with a year ago, average earnings are up 3.8 percent, significantly higher than the 2.4 percent gain in the consumer price index through March.

Manufacturers did shed 1,000 jobs but this was less than the 3,000 loss expected. Durable goods manufacturers added 2,000 workers, reversing the decline in March. Within manufacturing, machinery and word products were strong while makers of semiconductors, communications equipment, and navigational technologies shed jobs. The prior month’s figure was revised up from an addition of 1,000 jobs to 3,000.

The construction sector added a solid 11,000 jobs, including 9,000 in specialty trades. Transportation and warehousing, an area that many thought might be hit by a tariff-related slowdown, added 29,000 jobs, the strongest growth since December.

The effects of Elon Musk’s Department of Government Efficiency and the Trump administration’s efforts to “reprivatize” the economy could be seen in the jobs numbers, with federal employment falling by 9,000. Since January, when President Trump took office, federal payrolls have contracted by 26,000.

 

Share this @internewscast.com
You May Also Like

Hugh Jackman Faces Difficult Setback Amid Divorce from Deborra-Lee

Hugh Jackman’s separation from Deborra-Lee Furness seems to have markedly influenced his…

Trump Delivers Stern Message to U.S. Adversaries at Army Birthday Parade

President Donald Trump got the birthday present he had been hoping for…

Towns Facing Decline Are Offering Incentives for Remote Workers to Move There

Kelley Meadows had grown weary of the relentless Texas heat and the…

LAPD Commands Protesters to Break Up Amidst Unfolding Turmoil

The Los Angeles Police Department instructed protesters to disperse as chaos began…

Kevin Costner Snubs Ex Christine Baumgartner at Their Son’s Graduation Ceremony

Kevin Costner and his ex-wife Christine Baumgartner kept things frosty on Friday as…

Intoxicated Passenger Faces Consequences After Causing Entire Plane to Disembark

A Delta airlines passenger, under the influence of alcohol, caused all passengers…

Search underway for suspect after shootings at homes of Democratic legislators

At least three people were shot early Saturday in what authorities believe…

Stars Swap the Hamptons for Secret Secluded Retreat

Celebrities sick of spending their downtime in the Hamptons have been hiding…

Shooter in Halloween Mask on the Run After Fatal Incident

A gunman in Minnesota is currently at large after disturbing images captured…

Walmart and Amazon’s Strategic Shift Poised to Revolutionize the Banking Industry

Retail giants including Walmart and Amazon are reportedly exploring a bold plan…

Progressives Quickly Distanced Themselves from Trump, But Now Their Liberal Sanctuaries Face Challenges

Liberals seeking refuge from Donald Trump’s America have been dealt a crushing…

Phoebe Bishop’s Partner Speaks Out: Tragedy Led to Their Separation

The boyfriend of Pheobe Bishop has shared heart-wrenching details about the journey…