The U.S. economy added 177,000 jobs in April, beating expectations for the second month in a row. Wages rose nearly 4% year-over-year, while more Americans entered the workforce.
President Trump credited the gains to his policies aimed at revitalizing the economy and reshoring jobs.
Strong job growth across key sectors
Several major industries posted solid job gains in April:
- Private education and health services: +70,000
- Transportation and warehousing: +29,000
- Leisure and hospitality: +24,000
- Professional and business services: +17,000
- Financial activities: +14,000
- Construction: +11,000
Construction jobs rose for the third straight month, showing no sign of labor shortages.
Labor force participation rises
Labor force participation grew in April, with more Americans entering or returning to the workforce.
Real average hourly earnings also continued to climb, reflecting steady wage growth amid low inflation.
Federal government trims workforce
For the third consecutive month, the federal government cut jobs. Trump’s administration called it part of a larger effort to streamline federal agencies and reduce bureaucracy.
Positive reactions from economists
Economists and financial analysts praised the report:
- Steve Moore called it “an amazing report” driven by higher participation.
- Charles Payne highlighted gains in transportation jobs, noting signs of manufacturing resurgence.
- Maria Bartiromo cited the jobs report as proof the economy is heading toward historic highs.
Business leaders also noted signs of reshoring as companies move jobs back to the U.S.
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