A Friday report from the U.S. Bureau of Labor Statistics (BLS) titled “The Employment Situation” showed that unemployment rates rose slightly in April while hiring missed the mark.
Employers added 175,000 new jobs in April, which was well below the 242,000 monthly average of the past year and below analyst expectations of 235,000 jobs.
The unemployment rate rose slightly from 3.8% in March to 3.9% in April.
The areas with the highest job increases were health care, which added 56,000 jobs in April, social assistance, which jumped by 31,000 jobs, and transportation and warehousing, which saw a 22,000 job increase.
Other sectors, like construction and government, added jobs as well in smaller
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