U.S. payroll growth totals 177,000 in April, topping expectations

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Source: CNBC

Published Fri, May 2 2025 8:30 AM EDT Updated 10 Min Ago


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. The survey of households, which is used to calculate the jobless rate, showed an even stronger gain, with an increase of 436,000 in those who reported holding jobs on the month.

A broader unemployment gauge that includes discouraged workers and those holding part-time jobs for economic reasons, or the underemployed, edged lower to 7.8%. The labor force participation rate edged higher to 62.6%.

Read more: https://www.cnbc.com/2025/05/02/jobs-report-april-2025.html

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8:31 AM · May 2, 2025

Good morning all and TGIF. Please stay tuned for DU's economy analyzers to add the deep dive data.


Article updated.

Previous article -

Published Fri, May 2 2025 8:30 AM EDT Updated 2 Min Ago


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.

This is breaking news. Please refresh for updates.

Original article -

Published Fri, May 2 2025 8:30 AM EDT


Nonfarm payrolls were expected to increase by 133,000 in April, according to the Dow Jones consensus estimate.

This is breaking news. Please refresh for updates.