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US adds 115,000 jobs in April, fewer than expected
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| Contributor | Karma Policeman |
| Last Edited | Karma Policeman May 04, 2012 12:05pm |
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| Category | Report |
| News Date | Friday, May 4, 2012 06:00:00 PM UTC0:0 |
| Description | The US economy created 115,000 jobs during April, down on the previous month and fewer than analysts had expected, official figures have shown.
However, the unemployment rate fell slightly to 8.1% from 8.2% in March, the Labor Department said.
Employment has been rising for the past eight months, but the jobless rate has been stuck above 8% since early 2009.
The weak report pushed US and European shares lower, with the Dow Jones index falling 150 points, or 1.2%, to 13,056. |
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