U.S. Added 266,000 Jobs Last Month—Far Worse Than Expected, As 9.8 Million Americans Remain Unemployed

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INFLATION: President Biden this week dismissed fears of 'overheating the economy' in his response to the April JobsReport.

released by the Labor Department Friday—much worse than the 1 million job gains economists expected and far fewer than the 916,000 jobs added in March, indicating that the long-tepid labor market recovery is slowing down again even as stocks and corporate earnings rip higher. ... [+]© 2021 Bloomberg Finance LPThe unemployment rate ticked up to 6.1% in April, as compared to 6% in March; the metric hit a record high of 14.7% in April 2020.

Overall, the U.S. economy has added back roughly 14 million of the 22 million jobs lost at the height of pandemic uncertainty in March and April of last year.

 

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More jobs will do no good to Americans, if inflation due to the banking fractional reserve, is still allowed to steal away the purchasing power of their wages

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U.S. Added 266,000 Jobs Last Month—Far Worse Than Expected, As 9.8 Million Americans Remain UnemployedThe unemployment rate ticked up to 6.1% in April, according to the Labor Department’s monthly jobs report. I am still not willing to go out to eat as I don’t know that person waiting on me or others in restaurant had their vaccines. My area is only 40% got their vaccines.
Source: Forbes - 🏆 394. / 53 Read more »

U.S economy added just 266,000 jobs last month, vs. estimates for 1 million or higherJUST IN: US economy added just 266,000 jobs last month despite estimates of more than 1,000,000. Bidens america 😂🤣 NO...there are just more jobs because people don't want to work. There for the amount of positions available to hire has gone up. They were not created. they have always been there. People just need to go to work. we all know the GOVT cannot put together accurate reports.
Source: NBCNews - 🏆 10. / 86 Read more »

Major disappointment: America added way fewer jobs than expected in AprilThe 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. and yet employers still do not want to pay living wages and benefits huh? They need to add 12,000 lbs of steel beams to the bed of their Dodge Ram, motor trends truck of the year and put some of these people to work Dang it Biden. Dang it dang it.
Source: cnnbrk - 🏆 393. / 55 Read more »

U.S. Employers Added 266,000 Jobs in AprilEmployers added 266,000 jobs in April and unemployment rose to 6.1%. Businesses are hiring, but some have struggled to fill openings. I’m doing $5,000 challenge to 1BTC target in the next 3 weeks+. Started 1 week ago and already at $15,780. 🧑‍💻Send me a DM if you want to be a part of this, & for more details do better - your tweet and headline are bipolar. wow
Source: WSJ - 🏆 98. / 63 Read more »

U.S. added just 266,000 jobs in April as hiring slowsAmerica’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
Source: politico - 🏆 381. / 59 Read more »