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Industry Report

Healthcare and professional & business services emerge as major drivers of non-farm employment growth in April 2023

April 2023 Jobs Report

Total nonfarm payroll employment rose by 253,000 in April, and the unemployment rate changed little at 3.4 percent.Employment continued to trend up in professional and business services, health care, leisure and hospitality, and social assistance. Both the unemployment rate, at 3.4 percent, and the number of unemployed persons, at 5.7 million, changed little in April. The unemployment rate has ranged from 3.4 percent to 3.7 percent since March 2022.

Among the major worker groups, the unemployment rates for adult men (3.3 percent), adult women (3.1 percent), teenagers (9.2 percent), Whites (3.1 percent), Blacks (4.7 percent), Asians (2.8 percent), and Hispanics (4.4 percent) showed little or no change in April.

Total Jobs Added*

(* Non-Farm Jobs Only)

Unemployment Rate

(Increased by .1% since March)

Industry-Specific Updates
– April 2023

+43,000

Professional & Business Services

Scientific, and technical services +45,000
Monthly growth +25,000 over 6 months
Temporary heath services -23,000

+31,000

Leisure and Hospitality

Food services and drinking places +25,000
Employment below pre-pandemic by 2.4%

+40,000

Healthcare

Ambulatory health care +24,000
Hospitals +7,000
Nursing and residential care +9,000

+23,000

Transportation & Warehousingz

Insurance and related activities +15,000
Real estate +9,000
No significant change in employment since January 2023

+25,000

Social Assistance

Individual and family services +21,000

Other Sectors

Mining, oil, and gas extraction + 6,000
Government +23,000

In April, average hourly earnings for all employees on private nonfarm payrolls rose by 16 cents, or 0.5 percent, to $33.36. Over the past 12 months, average hourly earnings have increased by 4.4 percent. In April, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents, or 0.4 percent, to $28.62.

Source: The US Bureau of Labor Statistics

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