NEW YORK -- With Friday's relatively encouragingunemployment data, the United States has officially added to its workforce for 14 consecutive months. Unfortunately, economists say, the nation may not be adding a broad enough range of the kinds of high-wage jobs needed to solidify economic recovery.
In April, the U.S. economy added 244,000 jobs -- the third straight month to see an average of over 200,000 new positions created, according to new data from the Bureau of Labor Statistics. While state and local governments continued to cut back, private employers added 268,000 jobs, the largest monthly gain since February 2006. The unemployment rate edged up to 9.0 percent from 8.8 percent in March, however, the first increase since last November.
Showing posts with label U.S. Economy Continues To Add Jobs. Show all posts
Showing posts with label U.S. Economy Continues To Add Jobs. Show all posts
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