U.S. adds 211,000 jobs in April
The U.S. economy added 211,000 jobs in April, according to the Bureau of Labor Statistics, and the unemployment rate is 4.4 percent. The strong showing in April follows a weaker than expected March, which was revised down to 79,000 job gains.
Some of the strongest employment categories were hospitality and leisure, which added 55,000 jobs; professional and business services, which added 39,000 jobs; healthcare and social assistance, which added 37,000 jobs; and financial activities, which added 19,000 jobs.
Wages also ticked upward, with average hourly earnings for private, nonfarm payrolls increasing $0.07 to $26.19. Wages have risen 2.5 percent over the past 12 months, reports the BLS.
The latest employment report points to a strengthening U.S. economy. The number of discouraged workers — those who have stopped looking for work because they believe no jobs are available — has dropped in the pa