HomeWorldUS job growth beats expectations in April, unemployment rate unchanged

US job growth beats expectations in April, unemployment rate unchanged

The world's largest economy added 177,000 jobs last month, down slightly from a revised 185,000 in March, while the unemployment rate stayed at 4.2 percent

May 02, 2025 / 21:57 IST
Story continues below Advertisement
The world's largest economy added 177,000 jobs last month, down slightly from a revised 185,000 in March
The world's largest economy added 177,000 jobs last month, down slightly from a revised 185,000 in March

US hiring slowed much less than expected in April while the jobless rate remained unchanged, according to government data published Friday, as businesses navigated the early months of Donald Trump's second presidency.

The world's largest economy added 177,000 jobs last month, down slightly from a revised 185,000 in March, while the unemployment rate stayed at 4.2 percent, the Department of Labor said in a statement.

Story continues below Advertisement

However, job creation was still well above the market consensus of 130,000, according to Briefing.com, and remained slightly above the average monthly gain of 152,000 over the past 12 months.

The unemployment rate stayed at 4.2 percent, in line with expectations.