From Investing.com: 2025-05-02 14:56:00

The U.S. economy added 177,000 jobs in April, exceeding expectations, but down from the revised March numbers. The unemployment rate held steady at 4.2%, with specific rates for different demographics. Health care, transportation, and financial sectors saw job gains, while federal government employment decreased. Hourly wages rose slightly, and the average workweek remained unchanged. The positive jobs report may impact the Federal Reserve’s decision on interest rates, with 99% of traders expecting rates to remain unchanged in May but dropping to 60% for June.



Read more at Investing.com: Fed Rate Cut Odds Slip as April Jobs Report Shows Resilient Labor Market