Positive April Jobs Report Blows Past Expectations

Positive April Jobs Report Blows Past Expectations

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businesswoman w colleagues-MConnors-MorguefileThe U.S. economy added 288,000 jobs in April, many more than economists and Wall Street analysts had predicted. The unemployment rate also fell to 6.3%, the lowest level in more than five years.

The biggest gains were in the professional and business services sector, which includes everything from temporary help services, which added 24,000 jobs in April, to company management. New jobs in retail sales, construction and health services also helped fuel last month’s gains.

(READ more at MSNBC)

Photo by MConnors – CC via Morguefile

 

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