Jobs Report for April Very Good
The Labor Department released on Friday its April jobs report and succeeded in disappointing investors. Hiring continued its slow down during April, as only 115,000 new jobs were added to employer’s payrolls. Nevertheless, the unemployment rate was down to 8.1% for April. The rate going down was not because so many people found work, but because more workers dropped out of the work force. The Labor Departme ...
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