April jobs report: Which industries saw the largest payroll increases last month?

WE work growth continued at a sustained pace in April, driven by hiring at restaurants and bars despite concerns about an impending slowdown and record inflation.

Employers added 428,000 jobs in April, the Labor Department said in its monthly payrolls report released Friday, topping the 391,000 jobs predicted by economists at Refinitiv. It was the 12th month in a row that job gains topped 400,000. The jobless rate, meanwhile, held steady at 3.6%, the lowest level since February 2020.

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“Today’s business payroll data is good in that it confirms that the labor market is strong and suggests that the U.S. economy may be resilient enough to weather the next monetary tightening, but bad. insofar as they likely imply that the Federal Reserve needs to make very heavy efforts to slow activity and rein in price pressures,” said Seema Shah, chief strategist at Principal Global Investors.

Employment gains were widespread across all industries.

Leisure and hospitality, one of the sectors hardest hit by the pandemic that has become something of an indicator of economic recovery, saw a gain of 78,000 new jobs last month. Restaurants and bars saw an increase of 43,800, while hotels added 22,300 jobs last month. In total, employment in the sector is down by around 1.4 million, or 8.5%, since February 2020.

“Job gains were widespread, with the largest gains occurring in recreation and hospitality, manufacturing, and transportation and warehousing. However, non-farm employment was down 1.2 million, or 0.8%, from its pre-pandemic level in February 2020,” the report said.

Manufacturing saw the second strongest job growth in April, with the industry adding 55,000 new jobs last month. Most of the gains came from hiring at durable goods factories (31,000), with wood products producers accounting for 3,600 jobs, machinery makers adding 7,400 and computer electronics producers adding 3,700 .

“Now Hiring” signs are displayed outside restaurants in Rehoboth Beach, Delaware, on March 19, 2022. (Stefani Reynolds/AFP via Getty Images) / Getty Images)

Transportation equipment factories also experienced a hiring boom with 13,700 new jobs added.

Education and health services also accounted for some of the largest gains last month, with payrolls rising by 59,000 in April. The biggest gains were in outpatient services (27,900), hospitals (4,500) and social assistance (6,600).

Professional and business services, meanwhile, saw their payrolls jump by 41,000 last month. The increases were widespread across the industry. Computer systems design and related services increased by 4,200, accounting and bookkeeping services jumped by 5,400, and scientific research and development services increased by 7,300. Employment in the industry is in fact 738,000 jobs higher than it was in February 2020.

worker jobs

Worker using a drill bit (iStock/iStock)

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Employment in other industries, including financial activities (35,000), wholesale trade (22,200) and government (22,000) also rose last month.

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