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- The April jobs report showed that the U.S. labor market remained strong and resilient after tariff announcements from President Donald Trump under the title "Liberation Day" shook the markets.
The U.S. economy added 177,000 non-farm jobs in April, exceeding expectations that had called for an addition of 138,000 jobs according to economists' estimates. Meanwhile, the unemployment rate remained stable at 4.2%.
In March, the U.S. economy added 228,000 jobs while the unemployment rate rose to 4.2%. These figures were revised on Friday to reflect an addition of only 185,000 jobs during the previous month.
Average hourly earnings in April rose by 0.2% compared to the previous month, and by 3.8% compared to the previous year. Economists had expected wages to rise by 0.3% on a monthly basis and by 3.9% on an annual basis.
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