April Jobs Report: 115,000 Jobs Added, but Hiring Remains Concentrated and Professional Services Is Still Flat
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Key takeaways:
Payrolls recovered but growth stayed narrow: BLS reported nonfarm payrolls rose 115,000 in April, led by health care, transportation, and retail. Professional and business services added just 7,000 total, and federal employment continued its long contraction, now down 348,000 from its October 2024 peak.