U.S. payroll growth totals 177,000 in April, topping expectations
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Job growth was stronger than expected in April despite worries over the impact of President Donald Trump’s blanket tariffs against U.S. trading partners.
Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the Bureau of Labor Statistics reported Friday.
The unemployment rate, however, held at 4.2%, as expected., indicating that the labor market is holding relatively stable.
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Gus Cawley
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U.S. payroll growth totals 177,000 in April, topping expectations
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