A lackluster 175,000 jobs were added in April, many in the healthcare sector. (iStock)
The U.S. added 175,000 jobs in April, according to the Bureau of Labor Statistics Employment Situation report. That’s a small jump compared to the average monthly increase of 242,000 that occurred over the last 12 months.
In April, the unemployment rate sat at 3.9%, up slightly from 3.8% in March, putting the total number of unemployed individuals at 6.5 million. Those who qualify as long-term unemployed — individuals without a job for 27 weeks or more — hovered at 1.3 million, practically unchanged from last month.
Of the industries faced with job losses, the mining, quarrying and oil and gas extraction sectors were hit particularly hard, registering a 3.5% drop in jobs.
Computer and electronic product manufacturing jobs also declined by 1%. Other manufacturing industries, namely…
