WASHINGTON (AP) — American employers added a surprising 177,000 jobs in April as the job market showed resilience in the face of President Donald Trump’s trade wars.
Hiring fell slightly from a revised 185,000 in March, but that is above economist projections of 135,000 jobs. The unemployment rate remained at a low 4.2%, the Labor Department reported Friday.
Trump’s aggressive and unpredictable policies – including massive import taxes – have clouded the outlook for the economy and the job market and raised fears that the American economy is headed toward recession.
Friday’s report showed employment, one of the strongest aspects of the U.S. economy, remains solid, yet many economists anticipate
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