Emmanuel Martinez May 11, 2021

April Job's Report Disappoints

Worse Than Expected Job's Report for April

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Last Friday, the US reported their April's Job Reports. The results where terrible compared to expectations and unemployment rose. 

The Results:


  • Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000.
  • The unemployment rate rose to 6.1%, the Labor Department said.
  • Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%.