Payroll employment edges up by 115,000 in April; unemployment rate unchanged at 4.3%

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The U.S. Bureau of Labor Statistics reported that total nonfarm payroll employment edged up by 115,000 in April 2026, while the unemployment rate held steady at 4.3 percent, with 7.4 million people unemployed. Job gains occurred in health care (+37,000), transportation and warehousing (+30,000), and retail trade (+22,000), while federal government employment continued to decline (-9,000), down 348,000, or 11.5 percent, since its October 2024 peak. Average hourly earnings for all private nonfarm employees rose 6 cents, or 0.2 percent, to $37.41, up 3.6 percent over the year, and the average workweek edged up by 0.1 hour to 34.3 hours. The BLS also revised February's nonfarm payroll change down by 23,000 to -156,000 and March's up by 7,000 to +185,000, resulting in a combined 16,000 lower figure for those two months than previously reported.

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