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Data pointing to a stabilized job market clashes with stubborn inflation.
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The U.S. added 115,000 nonfarm jobs in April, as the unemployment rate remained at 4.3%, the Bureau of Labor Statistics reported, surpassing consensus estimates of 65,000 new jobs, according to FactSet.
That matches the growth for the revised-up 185,000 jobs added in March, which marked a turnaround from the revised-down 156,000 jobs shed in February and the largest single-month job growth since December 2024.
Transportation and warehousing employment rose by 30,000 in April, after falling 105,000 since February 2025, trailing the 37,000 jobs added by health care, with further gains from retail (22,000), building material and garden equipment and supplies dealers (13,000).
Since peaking in October 2024, federal government employment is down 348,000 (11.5%) after declining by 9,000 in April.
Private-sector payrolls rose by 109,000 in April, the payroll processing firm ADP reported on Wednesday, surpassing projections for 107,500. That’s the most in a single month since March 2025, as education and health services once again accounted for most of April’s job growth, adding 61,000 roles. Businesses with fewer than 50 employees added 65,000 jobs in the month, and larger employers, or companies with 500 workers or more, added 42,000, despite businesses in between adding just 2,000.
83,387. That’s how many jobs were cut in April, a 38% month-over-month increase from March, according to data published Thursday by the career services firm Challenger, Gray and Christmas. About 26% of those layoffs were blamed on AI, making the technology the leading reason for layoffs for the second year in a row and the third-leading cause of layoff plans this year.
This is a developing story.
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