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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> retirement income

Jobs added in April fall short of expectations

Posted by RJ and Makay on May 04, 2012

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Unemployment rateThe 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.