The unemployment rate of 3.9% represents 6.5 million unemployed Americans, according to a Bureau of Labor Statistics employment report for the month of April, published May 3.
Here are five things for ASC leaders to know from the report:
1. The addition of those 175,000 jobs is a downturn from the higher-than-expected growth in February and March.
2. Employment did grow in select industries, including healthcare, which accounted for one-third of overall job growth nationwide, or 56,000 jobs.
3. Ambulatory care facilities accounted for 33,000 of jobs added in healthcare.
3. Wages across all sectors increased by 3.9% compared to that of April 2023.
5. Healthcare has added an average of 63,000 jobs each month in the last 12 months.
