The U.S. economy added 177,000 jobs in April, decelerating from a downwardly revised 185,000 in March, but more than the 133,000 forecasters had expected. The unemployment rate remained relatively low at 4.2%, the same as in March.

The April jobs report showed the US labor market remained resilient in the weeks after President Trump's "Liberation Day" reciprocal tariff announcements shook markets.  The US economy added 177,000 nonfarm payrolls in April,

U.S. job growth slowed marginally in April and employers continued to hoard workers, but the outlook for the labor market is increasingly darkening as President Donald Trump's protectionist trade policy heightens economic uncertainty.