Strong Job Gains in April, Unemployment Rate Flat at 3.6 Percent
MAY 10, 2022
The U.S. economy added 428,000 jobs in April, exceeding expectations, while the unemployment rate remained flat at 3.6%, according to the U.S. Bureau of Labor Statistics. Most of the job growth was in leisure and hospitality (78,000), manufacturing (55,000), and transportation and warehousing (52,000). These have been the fastest growing segments for over a year now. Job growth continued in food services and drinking places (44,000) and accommodation (22,000) during April. Still, employment in.