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Home » Employers added 177,000 jobs in April, topping analyst forecasts
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Employers added 177,000 jobs in April, topping analyst forecasts

Riley Moore | Debt AgentBy Riley Moore | Debt AgentMay 2, 2025No Comments2 Mins Read
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moneywatch

By

Mary Cunningham

Mary Cunningham

Reporter, MoneyWatch

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at “60 Minutes,” CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Read Full Bio

Updated on: May 2, 2025 / 8:47 AM EDT
/ CBS News

U.S. economy is shrinking, report shows

Here’s what to know as new report shows the U.S. economy shrinking

02:50

Employers across the U.S. added 177,000 jobs in April, a sign the labor market is still humming despite ongoing economic uncertainty caused by the Trump administration’s trade policies.

The numbers

Job growth was stronger than expected in April. Payroll gains exceeded economist forecasts of 135,000 last month, according to financial data firm FactSet.

The nation’s unemployment rate held steady at 4.2%, on par with the forecast from analysts polled by FactSet.

— This is a breaking story and will be updated.

More from CBS News

Mary Cunningham

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at “60 Minutes,” CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

© 2025 CBS Interactive Inc. All Rights Reserved.



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