30/05/2026
By Andrew Moran
The U.S. labor market could be showing signs of heating up after the economy topped economists’ expectations.
April payrolls rose by 115,000 from the previous month’s upwardly revised 185,000, according to Bureau of Labor Statistics data released on May 8.
The consensus forecast indicated a gain of 62,000 jobs.
The unemployment rate was unchanged at 4.3 percent, in line with market estimates.
For the past year, employment conditions have been typically described as “low-fire, low-hire.” New data could suggest that while the economy is witnessing a low number of layoffs, hiring could be gaining momentum.
Employment gains were broad-based last month, led by health care (37,000), transportation and warehousing (30,000), and retail (22,000).
Federal government payrolls continued their downward trend, erasing 9,000 jobs.
“Since reaching a peak in October 2024, federal government employment is down by 348,000, or 11.5 percent,” the bureau said in the May 8 report.
(CPI) (GDP) (LEI) (economy)
The U.S. labor market could be showing signs of heating up after the economy topped economists’ expectations. April payrolls rose by 115,000 from the previous month’s upwardly revised 185,000, according…