
Emmanuel Martinez • May 11, 2021
April Job's Report Disappoints
Worse Than Expected Job's Report for April


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%.