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US Nonfarm Payroll and Unemployment Rate: Difference between revisions
US Nonfarm Payroll and Unemployment Rate (view source)
Revision as of 13:18, 5 May 2023
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|'''Previous''' | |'''Previous''' | ||
|'''Release Date''' | |'''Release Date''' | ||
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|2023 April | |||
|253K | |||
|180K | |||
|165K | |||
|3.40% | |||
|3.60% | |||
|3.50% | |||
|62.40% | |||
|62.50% | |||
|62.60% | |||
|May 5 | |||
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|2023 Mar | |2023 Mar | ||
| Line 180: | Line 192: | ||
* Labor force participation rate was 62.5% in the month versus 62.5% in February. It was expected to remain flat. | * Labor force participation rate was 62.5% in the month versus 62.5% in February. It was expected to remain flat. | ||
* Leisure and hospitality led the gain with an addition of 72,000 jobs in March | * Leisure and hospitality led the gain with an addition of 72,000 jobs in March | ||
=== April === | |||
* U.S added 253,000 jobs in April , beating the 180,000 estimate<ref name=":0">https://www.cnbc.com/2023/05/05/jobs-report-april-2023-job-growth-totals-25300-in-april.html</ref>. | |||
* The unemployment rate was 3.4%, below the 3.6% estimate<ref name=":0" />. | |||
* Average hourly earnings rose 0.5% in April, above the 0.3% estimate<ref name=":0" />. | |||
* Annually, average hourly earnings rose 4.4%, exceeding the 4.2% estimate<ref name=":0" /> . | |||
* Labor participation rate was 62.4%, in-line with 62.5% estimate. | |||
* The job gains were led by Professional and business services(+43,000) followed by healthcare(+40,000) and then leisure and hospitality (31,000). | |||
== References == | == References == | ||
<references /> | <references /> | ||