The Bureau of Labor Statistics released its monthly employment report Friday morning, showing the economy added 195,000 jobs in the most recent reporting period while the unemployment rate held steady at 4.1%.

The figures largely met economist expectations and paint a picture of a labor market that remains resilient despite ongoing uncertainty about trade policy and interest rates. Job gains were distributed broadly across sectors, with healthcare adding 52,000 positions, manufacturing adding 23,000, and the technology sector contributing 31,000 new jobs.

Wage growth continued its moderate pace, with average hourly earnings rising 0.3% month-over-month and 3.8% year-over-year. This rate of wage growth has remained in a range that economists generally consider consistent with the Federal Reserve's inflation targets.

Labor force participation ticked up slightly to 62.8%, suggesting that some workers who had been on the sidelines are returning to the job market. This is a positive signal for long-term economic health, though the rate remains below pre-pandemic levels.