April Sees Job Increase, Rise in Unemployment Rate

Summary


The economy got what it was looking for in April: A burst of hiring that added a net 290,000 jobs - the biggest monthly total in four years.

Although jobs were gained, national unemployment rose to 9.9 percent due to an influx of people re-entering the labor market.

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April Sees Job Increase, Rise in Unemployment Rate

"What you have is a lot of people drop out of the labor force because they didn't feel there were any jobs out there ...

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