Economy adds 160,000 jobs in April, per report

Posted at 11:15 AM, May 06, 2016
and last updated 2016-05-06 13:18:33-04

The numbers are in, and job growth across the nation doesn't look as promising as it did the last couple of months.

Employers across the nation added a total 160,000 jobs in April, down from an average of 200,000 added employment over the past couple of months. April also added the fewest jobs to the economy in seven months. However, the unemployment rate remained steady at a low rate of 5 percent. 

The economy's growth has halted to one percent annual rate since October. Slower rate has raised fears in employers that the nation's economic growth is slowing down.

Here in New York State, around 12,800 jobs were added to the private sector in March. Total job count in private sector is now at 7,893,700, making it the most jobs recorded by the State Labor Department. 

Buffalo and Niagara Falls unemployment rate decreased from 6.1% in March of 2015 to 5.3% in 2016. The lowest unemployment rate in Western New York by county was Erie at around 5.1%. Niagara and Wyoming County posted the highest unemployment rate at 6.4%.