April’s job report saw a gain of 175,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. Employment gains happened in healthcare, social assistance, transportation and warehousing.
April’s unemployment rate was 3.9%, up from 3.8% in March. The civilian labor force participation rate is at 62.7%, holding the same from March.
The report found that average hourly earnings for employees on private, nonfarm payrolls was $34.75. Over the past 12 months, average hourly earnings have increased by 3.9%.
