Economy picked up just 266,000 jobs in April, well below expectations as economy struggles to rebound - News Summed Up

Economy picked up just 266,000 jobs in April, well below expectations as economy struggles to rebound


A significant portion of workers, for example, are still juggling child care, with schools still not open full-time in many parts of the country. Health concerns remain an issue for some workers even amid the rise in vaccination, until caseloads sink even further. And jobs at companies like Amazon that pay $15 an hour have exerted competitive pressure on those employers who are looking to hire hourly positions below that wage, and offering little in the way of benefits to boot.


Source: Washington Post May 07, 2021 10:02 UTC



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