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Jobs added in April fall short of expectationsPosted by RJ and Makay on May 04, 2012 |
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The U.S. economy added 115,000 non-farm payroll jobs in April and the unemployment rate ticked down to 8.1% from 8.2% the previous month, the Labor Department reported today. The number fell short of economists’ expectations that had forecast a gain of 163,000 jobs. The slight improvement in the unemployment rate was attributed to an increase in the number of people who stopped looking for work.
117,000 non-farm jobs were added to the U.S. economy in June, and the unemployment rate ticked down one percentage point to 9.1%, the Labor Department reported. The positive report brought some calm to a jittery market that saw a 512 point decline in the Dow Jones the day before. Employers hired more people than economists had expected but the gain was not at levels needed for a sustained jobs recovery.
Nearly half of hiring managers and recruiters are seeking talent outside of their local markets, according to a new survey by Dice Holdings Inc., a leading provider of specialized career websites. The gap between available jobs and skilled talent has compelled hiring managers and recruiters to go out-of-state to fill positions.
