BLS Releases April 2017 Employment Situation (May 2017)
Employers added 211,000 nonfarm payroll jobs in April of 2017, according to the Bureau of Labor Statistics. The unemployment rate declined to 4.4 percent.
Job gains occurred in leisure and hospitality, health care and social assistance, financial activities, and mining. The number of jobs in professional and business services increased by 39,000 over the month.
Job growth in March 2017 was revised to 79,000, down from the initially estimated 98,000. Over the past three months, job growth has averaged 174,000 additions a month.
Average hourly earnings rose by seven cents to $26.19. Over the year, average hourly earnings have risen 2.5 percent.
The full BLS press release on the April 2017 employment situation can be accessed in the link below:
The next employment situation report for May 2017 will be released on Friday, June 2, 2017.