Payrolls in U.S. Rose 115,000 in April; Jobless Rate at 8.1%
Employers in the U.S. added fewer workers than forecast in April and the jobless rate unexpectedly declined as people left the labor force, underscoring concern the world’s largest economy may be losing speed. Payrolls climbed 115,000, the smallest gain in six months, after a revised 154,000 rise in March that was more than initially estimated, Labor Department figures showed today in Washington. The median estimate of 85 economists surveyed by Bloomberg News called for a 160,000 advance. The jobless rate fell to a three-year low of 8.1 percent and earnings stagnated. A slowdown in hiring as corporate optimism cools may restrain ... (full story)
- avrage hourly income shown by US is 13 months weak... 0.0 against the 0.2 of last month and this 0 is after 13 months. USD shiop is in my view is going to sink soon
- "USD ship is in my view is going to sink soon" - unfortunately I agree. I see the USD as being held up by weak strings that will get cut because of our constant over spending.
- Posted: May 4, 2012 8:37am
- Submitted by:Category: Low Impact Breaking NewsComments: 2 / Views: 2,268