Jobs Report in April: The growth of jobs in the United States slowed down the economic uncertainty

The American economy added jobs in April at a slower rate than a month before the uncertainty about economic conditions as well as tax and commercial policy.

The US Department of Labor stated on Friday that employers He added 177,000 jobs In April. This number was higher than the Economists included in LSEG, although it was cooler than 185,000 added in March – which was initially announced as a profit of 228,000.

the Unemployment It was 4.2 %, not changed from a month ago and in line with the estimate of LSEG.

Job gain has been reviewed in the past two months, where job creation has been revised in February by 15,000 profit from 117,000 to 102,000; And job gains in March, it was revised by 43,000 from a profit from 228,000 to 185,000. Completely, employment was in February and March was 58,000 less than I mentioned.

The private sector added 62 kilos in April, much lower than expectations, says ADP

Private sector salaries have grown by 167,000 jobs in April, which is much higher than 125,000 jobs estimated by LSEG.

Government salaries He added 10,000 jobs in April through all levels of government. The decrease in 9,000 jobs in the federal government have been compensated by more than 6000 gains in the state government and 13,000 in the local government. Workers who hold paid leave are calculated or continuous separation salaries are received as in the way of wiping the work statistics office.

Manufacturing boxes It decreased by 1000 jobs in April, a smaller decrease than 5000 expected by Economists.

Health care employment It has grown 50,600 jobs in April, which was almost in line with the average monthly profit of 52,000 over the past 12 months. This growth was driven by hospitals (+22,100) and ambulance health care services (+21,400).

Americans who reduce wage expectations for new jobs: NY FED

Transfer and storage He added 29,000 jobs in April, with storage and storage gains (+9,800), pursers and messengers (+8,400) and air transport (+2,900). The average gains with an average of 12,000 jobs per month during the previous year.

Financial activities He added 14,000 jobs in April, which raised its gains over the past year to 103,000 jobs.

Social assistance continued to add jobs in April with a profit of 7600 – although it was a significantly slower pace than the average profit of 20,000 over the past 12 months.

The workforce participation rate was 62.6 % in April, after it changed slightly over the past year.

The American economy slows down sharply, and shrinks 0.3 % in the first quarter, where definitions weigh

The number of people considered to be unemployed in the long run, which is defined as unemployed for 27 weeks or more, by 179,000 to 1.7 million. The unemployed in the long term constituted 23.5 % of all the unemployed.

There were 4.7 million part -time workers for economic reasons in April, a measure that had not changed much. These individuals preferred to work completely, but they were working part -time because their hours were reduced, or they were unable to find full -time jobs.

Several employers decreased by 76,000 in April and 5.4 % of the workforce, a number that has not changed much during the past year.

The Jobs report comes in April amid the efforts of the Trump administration to reshape the global trading system through the use of a comprehensive customs tariff for American commercial partners, which led to economic uncertainty in addition to the White House’s efforts to reduce the federal government.

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“The survey that nourishes the report occurred in the second week of April, which I remember as the peak of uncertainty in customs tariffs and skin. However, the broad labor market remained in full swing,” Elos Osinbo, head of the investment strategy at JPMorgan Wealth Management, noticed that “the survey that nourishes the report occurred in the second week of April, which I remember as the peak of uncertainty in customs tariffs and skin. However, the wide labor market remained in full swing.”

Aminbo added: “Perhaps April was last month when we did not see the total impact of the 2.0 trade war, jobs, and narrow immigration policy – but look closely enough and there are hints, such as the slight decrease in manufacturing salaries and another decrease in federal government functions.”