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.
184 Articles
184 Articles
What April’s Stronger-Than-Expected Jobs Report Means For Americans
The U.S. economy added 115,000 jobs in April, beating economists’ expectations of 65,000, while the unemployment rate held steady at 4.3%, according to Bureau of Labor Statistics data cited by CNN. White House National Economic Council Director Kevin Hassett called the numbers “blockbuster” in an interview with Fox News. However, economists warned that the broader labor market remains sluggish despite the stronger headline figures. WATCH: US emp…
April jobs report shows stable but sluggish economic growth
The U.S. labor market added 115,00 jobs in April, while the unemployment rate held steady at 4.3%, the U.S. Bureau of Labor Statistics reported Friday. The number of unemployed people changed little at 7.4 million. The slightly better-than-expected monthly jobs report shows that the labor market is growing, although at modest pace after months of...
BOOM: Economy Roars Past Expectations With Massive April Jobs Beat, Crushing Forecasts
Reality is the opposite of everything the Democrat media has been reporting. The US economy adds 115,000 jobs in April, crushing expectations of 65,000. And these are real jobs, not taxpayer funded government jobs. .@KevinHincksCS: "The federal government is down 348,000 jobs. That's an 11.5% cut in the federal workforce. Despite that, jobs are gaining. It's ALL PRIVATE SECTOR. It's quite amazing, actually." The federal government is the smalle…
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