April payrolls beat expectations with 65,000 jobs, but hiring remains weak
Employers were expected to add 65,000 jobs in April, down from March's 178,000 gain.
Employers were expected to add 65,000 jobs in April, down from March's 178,000 gain.
Weekly jobless claims fell to 189,000 in the April 25 week, the lowest reading since 1969.
U.S. labor-force participation fell to 61.9% in March, its weakest level since 1977, as an aging population and immigration crackdown limit worker supply.
Employers added 178,000 jobs in March, and the unemployment rate fell to 4.3%, easing worries after February’s stumble.
Employers added 178,000 jobs in March, led by health care, and the unemployment rate slipped to 4.3%.