Employment in the U.S. increased by more than expected in the month of April, according to a closely watched report released by the Labor Department on Friday.
The report showed non-farm payroll employment surged by 428,000 jobs in April, matching the revised jump seen in March.
Economists had expected employment to climb by 391,000 jobs compared to the addition of 431,000 jobs originally reported for the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.