U.S. Adds 160,000 Jobs in April Missing Estimates

The video discusses the weakest job creation since September 2015, with job growth falling 40,000 below expectations for April. The unemployment rate remains at 5%, but 360,000 people left the workforce, reducing the labor participation rate. There is a notable increase in jobless benefits claims and disappointing private payroll numbers. However, wage inflation shows positive signs with a 2.5% year-over-year increase in average hourly earnings. Economic indicators like part-time employment for economic reasons and the underemployment rate show slight improvements.

What was the job growth estimate for April according to the economists' survey?

How many jobs were revised down for the previous two months?

What was the unemployment rate reported?

What was the average hourly earnings increase year over year?

What was the change in the underemployment rate in April?