April 2025 Jobs Report: Steady Growth Amid Economic Uncertainty
In April 2025, the U.S. economy demonstrated continued strength by adding 177,000 jobs, surpassing economists' expectations of 133,000. The unemployment rate remained steady at 4.2%, indicating a stable labor market despite concerns over recent economic policies and global uncertainties.
Key Highlights:
- Healthcare Sector Leads Growth: The healthcare industry contributed significantly, adding 51,000 new jobs, particularly in hospitals and ambulatory services.
- Wage Growth: Average hourly earnings increased by 3.8% over the past year, suggesting modest wage growth that helps consumers keep pace with inflation.
- Labor Force Participation: The labor force participation rate held steady, reflecting ongoing engagement in the job market.
Despite these positive indicators, challenges remain. The share of long-term unemployed individuals rose to 23.5%, the highest in three years, highlighting areas where the recovery is uneven.
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