The US labor market below expectations: unemployment stuck at 5%

The United States continued to create jobs in the month of April, although at a slower pace than before. An indication almost expected, given the slowdown came in recent days.

The framework of the ADP report showed a lower than expected employment growth in the agricultural sector, while they returned to rise layoffs in the United States. American companies take less than what happened at the end of 2015 while increasing the Americans applying for unemployment benefit.

According to the Bureau of Labor Statistics, in the month under review employed the non-agricultural sector rose by 160,000 units, resulting below the expectations of analysts, who expected an increase of 202 thousand units. In March they were created 208,000 jobs, as revised from 215,000 the preliminary reading.

Those employed in the manufacturing sector, however, rose by 4,000 units, compared with a loss of 29,000 seats accused in the previous month.

The unemployment rate remained stuck at 5% as the previous month, in line with consensus estimates. The average hourly wage, finally, were up 0.3% after + 0.2% in March, hitting the market's expectations.