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Labor Markets

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Nonfarm payroll employment registered a net increase of 288,000 jobs in April. At the same time, net gains for the previous two months were revised up a total of 66,000 jobs to 420,000. After a net increase of almost 250,000 jobs over the last four months of 2003, nonfarm payroll employment has added more than 850,000 net jobs thus far in 2004.

Suggested citation: "Labor Markets," Federal Reserve Bank of Cleveland, Economic Trends, no. 04-05, pp. 12, 05.01.2004.

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