April’s job report saw a gain of 253,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. Employment gains happened in professional and business services, healthcare, leisure and hospitality and social assistance.
April’s unemployment rate was 3.4%, falling slightly from 3.5% in March. The civilian labor force participation rate is at 62.6%, remaining unchanged from March.
The report found that average hourly earnings for employees on private, nonfarm payrolls was $33.36. Over the past 12 months, average hourly earnings have increased by 4.4%.