Published May 3,, 2019 12::00 PM EST
by Richard Cason, Editor of NewsMovesMarketsForex
United States Non-farm payrolls elevates to 263,000 jobs in the month of April 2019; in the mean while the Unemployment rate continues not to disappoint decreasing by .02% to 3.6 the lowest levels its been since 1969!
April’s NFP report exceeded expectations by a whopping 82,000 jobs. U.S. Economist projected Jobs would advance by 181,000 job for the month of April 2019. This is the second straight consecutive month of positive Job Growth beating March 2019 Non-farm payrolls, (NFP) numbers by a stellar 67,000 new jobs which were added to the United States Labor Market.
U.S. Non Farm Payrolls Jobs Report (April 2019)
 | |||||
|---|---|---|---|---|---|
| Time | Event | Actual | Forecast | Previous | |
| Friday, May 3 2019 | |||||
08:30 |  USA | Nonfarm Payrolls (Apri) | 263K | 181K | 189K |
| 08:30 | USA | Unemployment Rate (Apri) | 3.6% | 3.8% | 3.8% |
| 08:30 | USA | Private Nonfarm Payrools (Apri) | 236K | 179K | 179K |
| High | Volatility Expected | |
- The unemployment rate decrease to 3.6% for month of April 2019, while the private nonfarm payrolls average hourly earning rose by $0.06 $27.77, which increased over year by 3.2% .
- Bureau of Labor Statistics reports that employment rose in various sectors of Health Care, professional and technical services. ADP National employment report: Private sector increased 275,000 Jobs for the month of April 2019 Small Businesss 1 – 49 Employees came rose t0 77,000, Midsize Business rose to 145,000, and Large Business increased to 53,000 jobs. Which continues to grow at a very steady and robust pace within the 1st quarter of 2019. Payroll employment rose to 2.6 million in 2018, compared to a gain of 2.2 million in 2017.
- Small Business report increased to 77,000 jobs new jobs added to the U.S. Jobs market for the month of April, 2019.
- It is important to note that Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
- Additionally, according to the United States Bureau of Labor Statistics …The unemployment rates for adults men 3.4%, adult women 3.1%, teenagers 13.0%, Whites 3.4%, Blacks remain the same at 6.7%, Asians 2.2%, and Hispanics 4.2% displayed very little to no change in 0ver the month.
- Revisions: employment for February was revised up from +33,000 to +56,200, and the change for March was revised down from +196,000 to +189,000. With these revisions, employment gain in February and March combined were combined were 16,000 more than previously reported.
