U.S. Job Market Beats Expectations Despite Economic Headwinds

The U.S. labour market showed surprising resilience in April, adding 177,000 jobs despite economic uncertainty, shifting tariffs, and market volatility, according to BlockBeats. While the figure fell slightly short of March’s 185,000 gain, it still outpaced forecasts of 130,000 new jobs.

However, federal job cuts—totaling 9,000 positions—slowed overall growth. James Knightley, chief economist at ING Financial Markets, cautioned that although there’s still time to adapt, the outlook suggests a potential hiring freeze and much weaker employment momentum ahead.