The April jobs report exceeded expectations for the second straight month, as the U.S. economy added 177,000 jobs. Labor force participation climbed, wages surged nearly 4%, and federal government employment shrank for a third month in a row.
The economy added 177,000 jobs in April, driven by gains in health care, transportation, and construction. Sectors such as private education and health services (+70,000) and transportation and warehousing (+29,000) led the way.
The economy added 177,000 jobs in April, driven by gains in health care, transportation, and construction. Sectors such as private education and health services (+70,000) and transportation and warehousing (+29,000) led the way.