The U.S. nonfarm payrolls increased by 115,000 in April 2026, surpassing market expectations of 62,000. March's job gains were revised upward to 185,000. The growth was primarily driven by the healthcare, transportation, warehousing, and retail sectors, while federal government employment continued to decline. Despite signs of cooling, the labor market remains resilient. The unemployment rate held steady at 4.3%, aligning with market forecasts. However, the number of unemployed rose by 134,000 to 7.37 million, and total employment decreased by 226,000 to 162.62 million.