The April jobs report is a miss! There were just 115K new jobs created in April. That's well below the 160K that was expected. But unemployment rate fell from 8.2% to 8.1% and last month was revised from a gain of 121K to
Optimism has been in shorter supply since the employment figures fell short of expectations a month ago. April's report is due Friday.
"It's really a continuation what we've been seeing, and that's slow, grinding gains in jobs growth," said Paul Simon, chief investment officer of Tactical Allocation Group in Birmingham, Mich. "The implication of the jobs report is near-term weakness
Oh and won't the jobs report go up in the summer with all the youths getting summer jobs and such and graduates applying for work and such or is that not really true of summer months? Reply. May 4th, 2012 at 10:01 am
Oh and won't the jobs report go up in the summer with all the youths getting summer jobs and such and graduates applying for work and such or is that not really true of summer months? Reply. May 4th, 2012 at 10:01 am