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06 May 2011 10:46

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Biz: April jobs numbers: Mostly good this time, but not completely

  • 244k the number of jobs added in April, according to fresh jobs numbers released today
  • 268k the number of jobs added specifically to the private sector, which drove the growth
  • 9% the unemployment rate, which is up slightly from March’s number, 8.8 percent source
  • » Overall, decent news: Economists largely feel that the numbers are positive this time around. One negative of note is the decline of public sector jobs, which fell by 24,000 last month. However, some economists note that certain numbers, such as weak construction numbers and a lack of growth in average work hours, give them pause. Still though, a few negative-looking economic reports from earlier in the week made these numbers look much better than expected.