ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
Home Economy

175,000 jobs added in March, unemployment rate edged up to 3.9%

May 3, 2024
Reading Time: 2 mins read
Financial services execs see talent acquisition as serious business risk 

Total nonfarm payroll employment rose by 175,000 in April and the unemployment rate changed little at 3.9%, the U.S. Bureau of Labor Statistics reported. 

Job gains occurred in health care, social assistance, and in transportation and warehousing. 

Health care added 56,000 jobs in April, in line with the average monthly gain of 63,000 over the prior 12 months. Employment continued to increase in ambulatory health care services (+33,000), hospitals (+14,000), and nursing and residential care facilities (+9,000). 

Employment in social assistance increased by 31,000 in April, led by a gain in individual and family services (+23,000). Social assistance added an average of 21,000 jobs per month over the prior 12 months.  

Transportation and warehousing added 22,000 jobs, with gains in couriers and messengers (+8,000) and warehousing storage (+8,000). Over the prior 12 months, employment in transportation and warehousing had shown little net change.  

Employment in retail trade continued to trend up in April (+20,000). Over the prior 12 months, the industry had added an average of 7,000 jobs per month. In April, employment increased in general merchandise retailers (+10,000), building material and garden equipment and supplies dealers (+7,000), and health and personal care retailers (+5,000). Electronics and appliance retailers lost 3,000 jobs. 

Construction employment changed little in April (+9,000), following an increase of 40,000 in March. Over the prior 12 months, construction had added an average of 22,000 jobs per month.  

Employment in government changed little in April (+8,000). Over the prior 12 months, government had added an average of 55,000 jobs per month. In April, local government employment was unchanged, following an increase of 51,000 in March. 

Employment was little changed over the month in other major industries, including mining, quarrying, and oil and gas extraction; manufacturing; wholesale trade; information; financial activities; professional and business services; leisure and hospitality; and other services. 

Read the BLS release. 

Tags: Nonfarm jobs
ShareTweetPin

Related Posts

Household debt rises amid growth in credit card debt

Democratic senators introduce bill to lower credit card late fee cap

Newsbytes
January 16, 2026

Three Democratic senators have introduced legislation to revive a Biden-era rule that would lower the cap on credit card late fees to $8.

OCC’s Gould: Bank regulation should not distract banks from business challenges

Gould suggests easing bank resolution planning requirements

Compliance and Risk
January 16, 2026

Comptroller of the Currency Jonathan Gould said he sees no benefit in the FDIC continuing to require filings from large banks that detail their suggested orderly resolution in case of a bank failure, known as CIDI plans. He...

Survey: Merchants expand payment options, express interest in crypto

Survey: Merchants expand payment options, express interest in crypto

Newsbytes
January 16, 2026

BNPL is now the fourth most accepted form of payment at small businesses, behind debit or credit cards, digital wallets, and cash. At the same time, merchants express growing interest in cryptocurrency.

Report: Republicans push back against proposed cuts to CDFI Fund

Congress budgets $342M for CDFI Fund in 2026

Community Banking
January 16, 2026

Lawmakers have agreed to budget $324 million for the Community Development Institutions Fund in fiscal year 2026, which would maintain the program’s funding at current levels, according to a conference report released by the Senate Appropriations Committee.

Mortgage rates fall

Mortgage rates fall

Economy
January 15, 2026

The rate for a 30-year fixed-rate mortgage was 6.06% this week. The rate for a 15-year fixed-rate mortgage was 5.38%.

Nichols: Credit card rate cap would harm those it is meant to help

Nichols: Credit card rate cap would harm those it is meant to help

Newsbytes
January 15, 2026

While the Trump administration’s concern about affordability is commendable, a proposed 10% cap on credit card interest rates would hurt the very people the president is seeking to help, American Bankers Association President and CEO Rob Nichols told...

NEWSBYTES

Democratic senators introduce bill to lower credit card late fee cap

January 16, 2026

Gould suggests easing bank resolution planning requirements

January 16, 2026

Survey: Merchants expand payment options, express interest in crypto

January 16, 2026

SPONSORED CONTENT

Seeing More Check Fraud and Scams? These Educational Online Toolkits Can Help

Seeing More Check Fraud and Scams? These Educational Online Toolkits Can Help

November 1, 2025
5 FedNow®  Service Developments You May Have Missed

5 FedNow® Service Developments You May Have Missed

October 31, 2025

Cash, Security, and Resilience in a Digital-First Economy

October 20, 2025
Rethinking Outsourcing: The Value of Tech-Enabled, Strategic Growth Partnerships

Rethinking Outsourcing: The Value of Tech-Enabled, Strategic Growth Partnerships

October 1, 2025

PODCASTS

Podcast: A Lone Star banking perspective

January 15, 2026

Podcast: The incredible shrinking penny (circulation)

January 8, 2026

Podcast: Cybersecurity in a mobile-first banking landscape

December 18, 2025

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2026 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2026 American Bankers Association. All rights reserved.