Employers added robust 177,000 jobs in April as labor market remains strong despite economic uncertainty
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Employers across the U.S. added 177,000 jobs in April, a sign the labor market is still humming despite ongoing economic uncertainty caused by the Trump administration’s trade policies.
The numbers
Job growth was stronger than expected in April. Payroll gains blew past consensus economist forecasts of 135,000 last month, according to financial data firm FactSet.
The nation’s unemployment rate held steady at 4.2%, on par with the forecast from analysts polled by FactSet.
Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at “60 Minutes,” CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.
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