U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%
Healthcare led April hiring as wage growth slowed and revisions trimmed prior months, suggesting the labor market remained resilient despite higher fuel costs.
- On Friday, the Bureau of Labor Statistics reported U.S. employers added 115,000 payroll jobs in April, surpassing economist expectations of 65,000 while the unemployment rate remained steady at 4.3%.
- Labor Department revisions reduced February and March payrolls by a net 16,000 jobs, while the ongoing U.S. war with Iran strains energy supplies and elevates fuel costs above $4.50 per gallon.
- Healthcare companies led hiring with 37,000 new positions, while average hourly earnings rose 3.6% year-over-year, consistent with Federal Reserve inflation targets despite energy price pressures.
- Resilient payroll data reinforces expectations that the Federal Reserve will maintain current interest rates, as policymakers weigh steady employment growth against persistent inflation from the Middle East conflict.
- Lower immigration and an aging population have reduced the economy's break-even employment point to near zero, meaning fewer than 10,000 new jobs monthly may now sustain stable unemployment—a trend economists describe as unprecedented in recent history.
258 Articles
258 Articles
What the latest jobs numbers tell us about the economy
The Labor Department reported Friday that unemployment held steady in April and that the U.S. added 115,000 jobs, surpassing expectations. For more on the numbers and what they tell us about the state of the economy, Amna Nawaz speaks with Mohamed El-Erian, a professor at the Wharton School of Business and chief economic advisor at Allianz.
Trump Wishes Happy Mother’s Day Weekend ‘To All’ – Including Just Anyone Who Got a Job Last Month
AP Photo/Jose Luis Magana President Donald Trump wished a Happy Mother’s Day weekend to everyone, but “especially” every American who got a job in the month of April – regardless of whether they are mothers or even women. According to the Bureau of Labor Statistics, the U.S. economy added 115,000 jobs last month, beating expectations of 55,000. The unemployment rate remained at 4.3%. On Friday night, the president took to Truth Social to boast a…
US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April - WSVN 7News | Miami News, Weather, Sports
WASHINGTON (AP) — America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war. Hiring beat the 65,000 jobs forecasters had expected, though it decelerated from the 185,000 jobs created in March. The unemployment rate remained at a low 4.3%, the Labor Department reported Friday. The Iran war has caused the biggest disruption of global oil supplies in history and sent average U.S. gasoline pri…
U.S. economy posts second straight month of strong job gains | Honolulu Star-Advertiser
WASHINGTON >> U.S. employment increased more than expected in April, pointing to labor market stability and reinforcing expectations the Federal Reserve would keep interest rates unchanged for some time as the war with Iran fans inflation.
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