Nonfarm payroll employment rose by 290,000 in April, the unemployment rate edged up to 9.9 percent, and the labor force increased sharply, the U.S. Bureau of Labor Statistics reported today.
Since December, nonfarm payroll employment has expanded by 573,000, with 483,000 jobs added in the private sector. The vast majority of job growth occurred during the last 2 months
This was the largest gain in payrolls since March 2006 (+304K)
Federal government employment was up in April, reflecting the hiring of 66,000 temporary workers for the decennial census
The average workweek for all employees on private nonfarm payrolls increased by 0.1 hour to 34.1 hours.
The average hourly earnings of all employees in the private nonfarm sector increased by 1 cent to $22.47 in April. Over the past 12 months, average hourly earnings have increased by 1.6 percent.
No comments:
Post a Comment