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US Adds 177,000 Jobs in April Amid Tariff Concerns

Published on May 2, 2025
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U.S. hiring remained strong in April with the addition of 177,000 jobs, despite worries surrounding President Trump's tariffs and federal government layoffs.

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Although payroll gains for February and March were revised down, the unemployment rate held steady at 4.2%, according to the Labor Department.

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Health care led job gains with 51,000, while transportation and warehousing added 29,000. However, manufacturing and retail saw job losses amid tariff uncertainties.

Despite concerns over tariffs impacting consumer spending, the Federal Reserve is expected to maintain interest rates as the labor market remains healthy.

Uncertainty around tariff policies and federal layoffs are expected to have a more significant impact on job numbers in the coming months.