Story perspectives
US Job Growth Plummets Amid Economic Uncertainties
5/1/2025
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Story summary
- US private-sector job growth decreased to 62,000 in April, down from 147,000 in March.
- Employers are hesitant to hire due to uncertainties around tariffs and economic conditions.
- The leisure and hospitality sector added 27,000 jobs, while education and health services lost 23,000.
- Year-over-year wage gains increased by 4.5% for job stayers and 6.9% for job changers.
