US EditionJobs report Friday to provide important clues on where the economy is heading
- The Labor Department will release the April jobs report on Friday, May 2, 2025, a key indicator of economic health in the U.S.
- This report follows signs of economic contraction in the first quarter and mounting concerns over President Trump's tariffs and recent weak labor data.
- Economists forecast a 133,000 increase in nonfarm payrolls for April, a slowdown from 228,000 jobs added in March and below some expectations.
- Key figures include a 5.8% unemployment rate for recent college graduates, highest since July 2021, and announced federal layoffs totaling 281,452 so far this year.
- A weaker than expected jobs report could pressure the Federal Reserve to lower interest rates to stimulate the economy amid slowing growth and rising layoffs.
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NBC PhiladelphiaJobs report to provide key information on where US economy is heading
The Labor Department is expected to release the April jobs report today to show where the US economy is heading. What to KnowEconomists expect nonfarm payrolls to post an increase of 133,000, which would be a steep slide from the 228,000 in March, according to the Dow Jones consensus. The report will be released at 8:30 a.m. ET.China said it is evaluating the possibility of starting trade negotiations with the U.S. The Labor Department is expect…
Jobs report to provide key information on where economy is heading
What to KnowEconomists expect nonfarm payrolls to post an increase of 133,000, which would be a steep slide from the 228,000 in March, according to the Dow Jones consensus. The report will be released at 8:30 a.m. ET.China said it is evaluating the possibility of starting trade negotiations with the U.S. The Labor Department is expected to release the April jobs report to show where the US economy is heading. Follow along for live updates.
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