The April 2025 Jobs Report shows the unemployment rate remained unchanged at 4.2% in April. According to the most recent report released by the Bureau of Labor Statistics (BLS), payroll employment increased by 177,000, which was higher than predicted. The number of unemployed people increased to 7.2 million, compared to 6.4 million a year ago.
The unemployment rate for college-degreed professionals 25 years and older decreased slightly to 2.5%, compared to 2.6% the prior month. The unemployment rate for job seekers with some college or an associate’s degree increased from 3.5% to 3.7%.
Employment trended up in the categories of health care, transportation and warehousing, financial activities, and social assistance in April.
Jobs added by industry:
- Health Care: 51,000 jobs added
- Transportation and Warehousing: 29,000 jobs added
- Financial Activities: 14,000 jobs added
- Social Assistance: 8,000 jobs added
Wage growth rose by 6 cents in April 2025
In April, average hourly earnings for all employees on private nonfarm payrolls edged up by 6 cents to $36.06. Average hourly earnings were up by 0.2% in April and 3.8% over the year.
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Sources: BLS