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American employers surprised economists by adding 115,000 jobs in April, nearly double what experts predicted during a major global energy disruption. Despite gas prices surging past $4.50 per gallon, the job market stays strong with unemployment holding at 4.3%.
The U.S. economy surprised experts by adding 178,000 jobs in March, nearly triple what economists predicted. Asian American unemployment fell, and job gains spanned healthcare, construction, and transportation sectors.
The American job market is bouncing back with 130,000 new positions added in January—the biggest monthly gain in over a year—while unemployment fell for the second straight month. Workers are staying employed and businesses are keeping layoffs low, creating a foundation for continued economic growth.