Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%
Employers added a surprising 177,000 jobs as job market shows resilience. Unemployment stays at 4.2%
By PAUL WISEMAN, Associated Press Economics Writer
WASHINGTON (AP) — American employers added a better-than-expected 177,000 jobs in April as the job market showed resilience in the face of President Donald Trump’s trade wars.
Hiring was down slightly from a revised 185,000 in March and came in above economists’ expectations for a modest 135,000. The unemployment rate remained at 4.2%.
President Donald Trump’s aggressive and unpredictable policies – including massive import taxes – have clouded the outlook for the economy and the job market and raised fears that the American economy is headed toward recession.
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