The Employment Situation in April – A Bad Month

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The Bureau of Labor Statistics (BLS) reported payroll employment expanded by 160 thousand in April, below analysts’ expectations of roughly 200 thousand, and revised the prior two months down by 19 thousand. The unemployment rate held steady at 5.0% based on a large decline in the number of persons employed (362 thousand) offset by a similar decline in the labor… Read More ›

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