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Home » News » U.S. Added 177,000 Jobs in April, Better Than Expected, As Economy Defies Doomsayers
USA

U.S. Added 177,000 Jobs in April, Better Than Expected, As Economy Defies Doomsayers

Daniel PetersonBy Daniel Peterson USA
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Employers in the United States added 177,000 workers to their payrolls in April, the Labor Department said Friday and the unemployment rate did not change to 4.2 percent, defuting the predictions of the labor market.

Economists had waited 130,000 jobs and an inemplaring rate without changes in 4.2 percent. The job number of the previous month was checked until 185,000 of 228,000

The force in hiring came from the private sector, which added 167,000 jobs. Economists expected private employers to add only 125,000 workers. This did not change the 170,000 descending reviewed jobs added in March.

The labor market was based on more workers, increasing the supply of labor in April. The participation rate increased to 62.6 percent of 62.5 in the previous months. The number of people used in the month increased by 436000 to 163,944,000.

The average work week expanded to 34.3 hours from 34.2 hours, a sign that the demand of the labor employer grew in the month. The average hourly profits increased by 0.3 percent. Compared to a year ago, the average profits increased by 3.8 percent, significantly higher than the gain of 2.4 percent in the consumer price index until March.

The manufacturers threw 1,000 jobs, but this was lower than the loss of 3,000 expected. Durable goods manufacturers added 2,000 workers, reverting the decrease in March. Within manufacturing, machinery and words products were strong, while semiconductor creators, communications and navigation technologies show jobs. The figure of the previous month was checked from 1,000 jobs to 3,000.

The construction sector added 11,000 solid jobs, including 9,000 in specialized trades. Transportation and storage, an area that many thought could be affected by a deceleration of the rate, added 29,000 jobs, the strongest growth since December.

The effects of the Elon Musk government efficiency department and the efforts of the Trump administration to “reprivatize” the economy could be seen in the number of jobs, with a federal employment that fell into 9,000. Since January, when President Trump Tok’s office, federal payrolls have hired 26,000.

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