Money and business

177 thousand jobs .. The slowdown in America is less than expected

Employment in the United States slowed a lower rate than expected in April, while the unemployment rate remained stable, according to government data published on Friday.
This comes at a time when companies seek to adapt to the first months of the second presidential term.

Employment in America

The largest economy in the world added 177 thousand jobs last month, a slight decrease from the number of 185,000 jobs in March, according to a statement by the Ministry of Labor.
However, it remained much higher than the average market expectations of 130 thousand jobs, according to the “Breving.com” website and a little higher than the average monthly increase of 152 thousand jobs during the past 12 months.
The unemployment rate stabilized at 4.2% in line with expectations.
The sectors that witnessed a job increase included health care, transportation, storage, financial activities and social assistance.

Federal government

However, the federal government jobs decreased by 9,000 jobs in April, bringing the total decrease in the number of government employees since January to 26,000, according to the Ministry of Labor.
The Trump administration faces lawsuits, after trying to lay off tens of thousands of federal employees, as part of a strict campaign to reduce public spending.
The Ministry of Labor announced that the average wage per hour increased by 0.2% to $ 36.06 in April.

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