U.S. Added 115,000 Jobs in April as Economy Feels Impact of War with Iran
· Telemundo McAllen (KTLM)
In April, the U.S. economy added 115,000 jobs, reflecting resilience despite the global energy shock caused by the war with Iran. The unemployment rate remained steady at 4.3%, aligning with economists' expectations of 55,000 new jobs. Notable revisions were made to previous months' data, with February's employment figures adjusted down by 23,000 to a loss of 156,000 jobs, while March saw an increase of 7,000 jobs to 178,000. The healthcare sector led job growth with 37,000 new positions, while transportation and retail also saw gains. However, part-time employment due to economic reasons rose by 445,000, indicating challenges in the labor market.
AI summary · Source: Telemundo McAllen (KTLM) →
