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

Ancient Iron Age Artifacts Unearthed in Norfolk: Rare Battle Trumpet Among Remarkable Discoveries

An extraordinary discovery has been made in West Norfolk, where a fascinating…

New CBS Evening News Anchor Experiences Unexpected Technical Glitch During Debut Broadcast

In an unexpected twist during his debut as the new CBS Evening…

NYC Mayor Names New Housing Leader with Controversial Views on Economic Equity

Zohran Mamdani, the Mayor of New York City, has recently appointed a…

Ex-British Soldier Shares Harrowing Experience of Losing Legs to IED Explosion

A former British soldier has shared his harrowing experience of losing both…

Rising Sports Icon Takes Center Stage as Jo Silvagni Exits Chemist Warehouse Campaign

Elephant in the drugstore The major question looming over infomercial star Jo…

UFC’s ‘Venezuelan Vixen’: A Fiery Takedown of ‘Liberal Snowflakes

A UFC star known as the ‘Venezuelan Vixen’ and a fervent supporter…

Married Music Teacher on Maternity Leave Faces Shocking Rape Allegations

A music teacher on maternity leave, who is also married, faces charges…

Infamous U.S. Serial Killer Opens Up About First Murder in Chilling Detail

Richard Cottingham, infamously dubbed the ‘torso killer,’ has admitted to the 1965…

Woman Arrested for Alleged Raspberry Poisoning Linked to Tragic Deaths of Two Girls

A London arrest has brought a shocking international case to light, as…

New Poll Uncovers Surprising American Support for Maduro’s Arrest

Recent polling data from the Daily Mail reveals a notable trend among…

Heartbreaking Plea: Father’s Last Call with Daughter Moments Before Tragedy Strikes

A grieving father from Wyoming shared the tragic moment when his daughter…

Shocking Split: Amy Schumer and Chris Fischer’s Divorce Announcement Shakes Hollywood

Amy Schumer has taken the formal step of filing for divorce from…