Employers Cut Fewer Jobs In April
by Nick Fishman
Employers Cut Fewer Jobs In April, Jobless Rate Falls
Economists seem to be encouraged by the U.S. Labor Department announcement that only 20,000 jobs were lost in April. They were expecting losses of up to 75,000 jobs. 81,000 jobs were lost in March. I guess this is good news for all of us and the economy as long as we aren’t one of the 20,000 people who lost our jobs.
Hopefully there will be more good news to follow in the coming months.
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