Economy Gains 428,000 Jobs in April; Unemployment Steady at 3.6%

Economy Gains 428,000 Jobs in April; Unemployment Steady at 3.6%

BLS

The U.S. economy gained 428,000 jobs in April, and the unemployment rate remained steady at 3.6%, according to figures released Friday morning by the U.S. Bureau of Labor Statistics. Continuing strong job creation numbers are a clear sign that the worker-friendly policies implemented by President Biden are having a positive impact on working people.

In response to the April job numbers, AFL-CIO Chief Economist William Spriggs tweeted:

 

 

 

 

Last month’s biggest job gains were in leisure and hospitality (+78,000), manufacturing (+55,000), transportation and warehousing (+52,000), professional and business services (+41,000), financial activities (+35,000), health care (+34,000), retail trade (+29,000), wholesale trade (+22,000) and mining (+9,000). Employment showed little change over the month in other major industries, including construction, information, other services and government.

Among the major worker groups, the unemployment rates for teenagers (10.2%), Black Americans (5.9%), Hispanics (4.1%), adult men (3.5%), adult women (3.2%), White Americans (3.2%) and Asian Americans (3.1%) showed little or no change over the month.

The number of long-term unemployed workers (those jobless for 27 weeks or more) was little changed in April and accounted for 25.2% of the total unemployed.

Kenneth Quinnell
Fri, 05/06/2022 – 10:01

Updated: May 11, 2022 — 7:06 am