Financial News: U.S. Employment Jumps Much More Than Expected In

U.S. Employment Jumps Much More Than Expected In April

05/02/2025 - 08:37:00 (RTTNews)

(RTTNews) - Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday.

The Labor Department said non-farm payroll employment shot up by 177,000 jobs in April compared to expectations for an increase of about 130,000 jobs.

However, the jumps in employment in February and March were downwardly revised to 102,000 jobs and 185,000 jobs, respectively, reflecting a net downward revision of 58,000 jobs.

The report also said the unemployment rate came in at 4.2 percent in April, unchanged from the previous month and in line with economist estimates.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Brazil Manufacturing Activity Nears Stabilization (09 hr(s), 56 min(s), 18 sec(s) ago)
(RTTNews) - The Brazilian manufacturing economy remained broadly stagnant in April amid renewed de ...Full Story»

U.S. Factory Orders Spike Slightly Less Than Expected In March (10 hr(s), 13 min(s), 18 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Friday showing a sharp increase by new or ...Full Story»

Greece Manufacturing Growth Remains Solid In April (11 hr(s), 05 min(s), 18 sec(s) ago)
(RTTNews) - Greece's manufacturing activity continued to expand strongly in April despite rela ...Full Story»

U.S. Employment Jumps By 177,000 Jobs In April, Much More Than Expected (11 hr(s), 07 min(s), 18 sec(s) ago)
(RTTNews) - Job growth in the U.S. far exceeded economist estimates in the month of April, accordi ...Full Story»

Eurozone Inflation Remains Stable At 2.2% (11 hr(s), 31 min(s), 18 sec(s) ago)
(RTTNews) - Euro area annual inflation remained stable in April near the European Central Bank' ...Full Story»

Eurozone Manufacturing Activity Shrinks At Slower Pace (11 hr(s), 43 min(s), 18 sec(s) ago)
(RTTNews) - Euro area factory activity contracted at a slower pace in April as production grew at ...Full Story»

U.S. Employment Jumps Much More Than Expected In April (11 hr(s), 56 min(s), 18 sec(s) ago)
(RTTNews) - Job growth in the U.S. far exceeded economist estimates in the month of April, accordi ...Full Story»

Portugal Economic Growth Eases, Inflation Rises Slightly (12 hr(s), 10 min(s), 18 sec(s) ago)
(RTTNews) - Portugal's economy expanded at a slower pace in the first quarter of 2025, while ...Full Story»