Hiring Slows in April, Falling Short of Expectations
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From the Right
Economy falls far short of expectations with just 266,000 jobs in April, unemployment rate rises to 6.1%
The economy added far fewer jobs than expected in April, just 266,000, and the unemployment rate rose slightly to 6.1%, the Bureau of Labor Statistics reported Friday.
The jobs numbers indicate that the pandemic recovery is not proceeding nearly as fast as was hoped. Forecasters had anticipated that the economy would add nearly 1 million nonfarm payroll jobs and that the unemployment rate would drop from March’s 6% down to 5.8%.
"This might be one of the most disappointing jobs reports of all time," said Nick Bunker, who leads North...
From the Left
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...
From the Left
Major disappointment: America added way fewer jobs than expected in April 
The US economy added only 266,000 jobs in April at the anniversary of the worst job loss for any month on record. This was far less than forecasts of economists, who had predicted America would add 1 million jobs last month.
The unemployment rate rose to 6.1% in April, up from 6% a month earlier.
It was the slowest improvement for jobs since January. Experts predicted that the vaccine rollout and the reopening of the economy would jolt hiring. But the April jobs number show that the road to recovery...
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