US Economy Adds 177,000 Jobs in April, Surpassing Forecasts
The US labor market outperformed expectations in April, adding 177,000 jobs against a projected 138,000. While this marks a decline from March’s 228,000 gain, the resilience in employment growth contrasts with mounting economic uncertainties.
Equity markets remain volatile amid escalating US-China trade tensions, with investors weighing potential inflationary impacts. The jobs report arrives at a critical juncture—offering temporary reassurance while broader structural risks persist.