America added way fewer jobs than expected in April

WASHINGTON (AP) — America’s employers 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.

With viral cases declining and states and localities easing restrictions, businesses have added jobs for four straight months. Still, the unemployment rate ticked up to 6.1% from 6% in March. Optimism about the economic recovery is growing.

So-called “experts” predicted the United States would add close to 1 million jobs in April.

Grocery Store Now Hiring

In this Friday, Jan. 8, 2021 file photo, A man walks out of a Marc’s Store in Mayfield Heights, Ohio. With viral cases declining, consumers spending again and more businesses easing restrictions, America’s employers likely delivered another month of robust hiring in April, reinforcing the economy’s steady rebound from the pandemic recession. (AP Photo/Tony Dejak, File)

Many Americans are flush with cash after having received $1,400 federal relief checks, along with savings they have built up after cutting back on travel, entertainment and dining out over the past year.

CNN reports, “It was the slowest improvement for jobs since January. Experts predicted that the vaccine rollout and the reopening of the economy would jolt hiring.”

 

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