A burst of hiring in April provided reassurance for the U.S. economy after a slow start to the year: Job growth returned to a healthy pace. Unemployment hit a decade low. And the number of part-time workers who want full-time jobs reached its lowest point in nine years.
Employers last month added 211,000 jobs, more than double the weak showing in March, the Labor Department said Friday . And the unemployment rate dipped to 4.4 percent from 4.5 percent in March.
Taken as a whole, the April jobs report suggested that American businesses are confident enough in their outlook for customer demand to keep adding jobs briskly despite a slump in the January-March quarter when the economy barely grew.
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Posted by Arnaldo Rodgers on 10:22 am, With 0 Reads, Filed under Economy, General News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.