Economists have expected the job rates to rise when the Labor Department releases its April employment report on Friday.
The Labor Department will be releasing their report over the employment rate on Friday and economists have predicted that the U.S. payrolls will be increasing including government jobs. The jobs increased by 210,000 jobs last month and average monthly gains through March have been 176,000. The economists have said that they expect the unemployment rate to fall to 6.6% from 6.7% in March.
The recent data that was reported by the payroll processor ADP on Wednesday said that the companies have added 220,000 jobs in April. That figure has been the highest number of jobs added since November last year and was more than the forecasted estimate by economists.
The lastest jobs data that was released on Thursday showed that the claims for unemployment benefits have risen for the third straight week and have reached the highest level since late February.
First time claims for last week reached to 344,000, the figure has increased by 14,000 since last week as announced by the Labor Department on Thursday. The Labor Department has said that the four-week moving average has also risen to 320,000 and is up 4,000 from a week ago,.
