Spring Letdown: Hiring Slows In April, Raising New Challenges For Economy
U.S. employers added 266,000 jobs last month, far fewer than analysts had expected. The unemployment rate rose to 6.1%.
by Scott Horsley
May 07, 2021
2 minutes
Updated May 7, 2021 at 8:49 AM ET
Hiring unexpectedly slowed last month as businesses struggled to keep pace with booming demand from newly vaccinated customers.
U.S. employers added just 266,000 jobs in April, according to a monthly snapshot from the Labor Department. It was the weakest month of job growth since January.
The unemployment rate rose to 6.1%, from
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