Total nonfarm payroll employment in USA increased by 428,000 in April-2022 and the unemployment rate was at 3.6 percent.
The unemployment rate remained at 3.6 percent in April, and the number of unemployed persons was essentially unchanged at 5.9 million.
Feb-2022 payroll increased number was revised from +750,000 to +714,000.
Mar-2022 payroll increased number was revised from +431,000 to +428,000.
Among the unemployed, the number of permanent job losers remained at 1.4 million in April, and the number of persons on temporary layoff was little changed at 853,000. These measures are little different from their values in February 2020.
In April, the number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 1.5 million. This measure is 362,000 higher than in February 2020. The long-term unemployed accounted for 25.2 percent of all unemployed persons in April.
Employment in leisure and hospitality increased by +78,000 in April-2022. Employment in leisure and hospitality is down by 1.4 million, or 8.5 percent, since February 2020.
- Employment in food services and drinking places increased by +44,000 in April-2022.
- Employment in accomodation increased by +44,000 in April-2022.
Employment in manufacturing increased by +55,000 in April-2022.
- Employment in durable goods increased by +31,000 in April-2022.
Employment in transportation and warehousing rose by +52,000 in April-2022.
Employment in professional and business services rose by +41,000 in April-2022.
Employment in financial activities rose by +35,000 in April-2022.
Employment in healthcare rose by +34,000 in April-2022.
Employment in retail trade rose by +29,000 in April-2022.
Employment in mining rose by +9,000 in April-2022.
Overall Total nonfarm payroll employment in USA increased by 428,000 in April-2022 is a good news for USA stock markets.