Job Growth Underwhelms; U.S. Gains Only 266,000 Jobs in April
By Orville Lynch, Jr. on May 7, 2021
April's employment gain of 266,000 fell below expectations despite overall optimism in the U.S. economy. Upon the anniversary of the biggest job loss in U.S. history, more momentum in job creation was expected this month. ThinkWhy, a labor market data and analytics firm, released its National Jobs and Industry Performance Outlook following an announcement from theBureau of Labor Statisticsthat the economy added only 266,000 jobs in April, with the unemployment rate at 6.1 percent. […]
Read more