U.S. Economy Adds 165,000 Jobs in April; Unemployment Rate Hits 4-Year Low

Washington — May 3

Total nonfarm payroll employment rose by 165,000 in April and the unemployment rate was little changed at 7.5 percent, the U.S. Bureau of Labor Statistics reported Friday. Employment increased in professional and business services, food services and drinking places, retail and health care.

The unemployment rate, at 7.5 percent, changed little in April but has declined by 0.4 percentage point since January. The unemployment rate is at its lowest level since December 2008. The number of unemployed persons, at 11.7 million, was also little changed over the month; however, unemployment has decreased by 673,000 since January.

Among the major worker groups, the unemployment rate for adult women (6.7 percent) declined in April, while the rates for adult men (7.1 percent), teenagers (24.1 percent), whites (6.7 percent), blacks (13.2 percent) and Hispanics (9 percent) showed little or no change. The jobless rate for Asians was 5.1 percent (not seasonally adjusted), little changed from a year earlier.

In April, the number of long-term unemployed — those jobless for 27 weeks or more — declined by 258,000 to 4.4 million; their share of the unemployed declined by 2.2 percentage points to 37.4 percent. Over the past 12 months, the number of long-term unemployed has decreased by 687,000, and their share has declined by 3.1 percentage points.

The civilian labor force participation rate was 63.3 percent in April, unchanged over the month but down from 63.6 percent in January. The employment-population ratio, 58.6 percent, was about unchanged over the month and has shown little movement, on net, over the past year.

Source: U.S. Bureau of Labor Statistics