Categorized | National News

U.S. Economy Adds 244k Jobs, Unemployment Ticks Back To 9%

The Labor Department reported non-farm payrolls grew by 244,000 in April, well above expectations and March’s upwardly revised 221,000. The unemployment rate inched back up to 9%, from 8.8%, though the number of unemployed persons, 13.7 million, and the size of the labor force, were little changed. Private sector payrolls added 268,000 jobs in April,…

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