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The U.S. labor market showed remarkable resilience in the April 2025 jobs report, adding 177,000 non-farm payroll jobs, surpassing expectations, while the unemployment rate held steady at 4.2%. Released on May 2, 2025, by the Bureau of Labor Statistics (BLS), the report offers a snapshot of an economy navigating trade policy shifts and federal workforce reductions. Yet, beneath the headline figures, signs of strain suggest challenges ahead.
Non-Farm Payroll Growth Beats Forecasts
The April jobs report revealed non-farm payrolls grew by 177,000, exceeding the Dow Jones consensus estimate of 133,000. This follows a revised 185,000 jobs added in March, signaling