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US Jobs Report: Hiring Slows, Part-Time Work Surges in April

economy-finance · 2026-05-08

The US labor market showed signs of cooling in April as hiring slowed, maintaining a pattern of low hires and low layoffs. The unemployment rate remained steady at 4.3%, but the number of people working part-time for economic reasons increased by 445,000. This data comes from the latest nonfarm payrolls report released on May 8, 2026, as reported by Quartz.

Key facts

  • Hiring slowed in April 2026
  • Labor market maintained low-hire, low-fire streak
  • Unemployment rate held at 4.3%
  • Part-time workers for economic reasons rose by 445,000
  • Data from nonfarm payrolls report
  • Report released on May 8, 2026
  • Source: Quartz

Entities

Institutions

  • Quartz

Locations

  • United States

Sources