- Numbers far short of the 1m jobs Wall Street had anticipated
- Suggests US businesses struggling to find enough workers
The US economy added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers as the economic recovery strengthens.
The result was a lot weaker than expected – far shy of the Wall Street consensus of nearly one million new jobs.
#NFP growth for April comes in at disappointing +266K
The unemployment rate was UP to 6.1 %
Now we go look under the hood and see what happened on a sectoral basis.
Also, watch here and @jobqualityindex in about 15 minutes for the #JQInstant.