U.S. ADDS 428K JOBS IN APRIL

Key Points:

  • Total nonfarm payroll employment rose by 428,000 in April as the unemployment rate was unchanged at 3.6%.
  • In April, the unemployed population was essentially unchanged at 5.9 million but there were 11.5 million job openings in March.
  • Employment in leisure and hospitality added 78,000 jobs, manufacturing increased by 55,000, transportation and warehousing rose by 42,000, and professional and business services increased by 41,000 in April.
  • In April, average hourly earnings for all employees on private nonfarm payrolls rose by $0.10 to $31.85.
  • The average workweek for all private employees was unchanged at 34.6 hours in April.
  • The labor force participation rate was little changed at 62.2% in April.