US employers added just 266K jobs in April as hiring slows
America’s employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers as the economic recovery strengthens.
With viral cases declining and states and localities easing restrictions, businesses have added jobs for four straight months, the Labor Department said Friday. Still, the unemployment rate ticked up to 6.1% from 6% in March.
At the same time, optimism about the economic recovery is growing. Many Americans are flush with cash after having received $1,400 federal relief checks, along...