April jobs report: Payrolls rose by 266,000, sharply missing estimates, as unemployment rate increased to 6.1%

The U.S. economy brought back far fewer jobs than estimated in April, and the unemployment rate unexpectedly increased, underscoring the choppiness in the labor market's recovery even as social distancing requirements were eased further in the spring.

The Labor Department released the April jobs report Friday morning at 8:30 a.m. ET. Here were the main results from the report, compared to consensus data compiled by Bloomberg:

Non-farm payrolls, April: +266,000 vs. +1.000 million expected and a revised +770,000 in March

Unemployment rate, April: 6.1% vs. 5.8% expected and 6.0% in March

Average hourly earnings, month-over-month, April: 0.7% vs. 0.0% expected and -0.1% in March