The U.S. economy added jobs in April at a slower pace than a month ago amid uncertainty over economic conditions as well as tax and trade policy.
The Labor Department on Friday reported that employers added 177,000 jobs in April. That figure was above the estimate of economists polled by LSEG, though it was cooler than the 228,000 added in March.
The unemployment rate was 4.2%, unchanged from a month ago and in line with the LSEG estimate.
Job gains in the past two months were both revised, with job creation in February revised down by 15,000 from a gain of 117,000 to 102,000; and March job gains downwardly revised by 43,000 from a gain of 228,000 to 185,000. Taken together, employment in February and March was 58,000 lower than previously reported.
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