US Jobless Rate Holds at 4.2%, as Expected

2025-05-02 12:33 By Agna Gabriel 1 min. read

The US unemployment rate was at 4.2% in April 2025, the same as in March and in line with market expectations.

The number of unemployed individuals increased by 82,000 to 7.165 million, while employment grew by 436,000 to reach 163.944 million.

The labor force participation rate also edged up to 62.6% from 62.5%, and the employment-population ratio to 60% from 59.9%.

Additionally, the U-6 unemployment rate, which includes those marginally attached to the labor force and those working part-time for economic reasons, decreased to 7.8% in April from 7.9% in the previous month.



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