The U.S. added 160,000 jobs in April, new government data showed Friday morning, the weakest pace of hiring in seven months.
Though the unemployment rate held steady at 5.0 percent, Friday’s jobs data provided an unexpectedly downcast signal about the nation’s labor market: A surge of Americans dropped out of the workforce and hiring in several key industries, including construction and manufacturing, all but stalled.
15:19 U.S. labor market tightening; mid-Atlantic factory activity cools18
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15:06 Texas employers added jobs in services, energy and construction in March27