US Job Growth Surpasses Expectations but Slows from March
- The US added 115,000 nonfarm payroll jobs in April, exceeding the forecast of 55,000 but down from March’s 178,000.
- Unemployment remained steady at 4.3% as reported by the Bureau of Labor Statistics.
- Healthcare, transportation, and retail sectors were key contributors to job gains.
- ADP‘s private sector report showed 109,000 new jobs; education and health services accounted for 58,000 positions.
- Trade and transportation sectors lost a combined total of 58,000 jobs.
The labor market’s performance in April suggests continued economic resilience despite a slowdown from March. The Federal Reserve is less likely to cut interest rates soon due to strong job numbers and stable unemployment at 4.3%, impacting Bitcoin and other digital assets.
Source (3.2)https://cryptobriefing.com/us-job-growth-exceeds-expectations-april-2026/?rand=59535
