Which is why there is now a trashed draft of this article explaining how the April jobs numbers show what a hyper-speed economic recovery looks like. Employers added only 266,000 jobs last month, the government reported Friday morning, not the million or so that forecasters expected. Temporary employment fell sharply (down 111,000 jobs), while hiring in the leisure and hospitality sector was robust (up 331,000 jobs). But if robust job growth does not return quickly, it will be very concerning. Citing the jobs report, the US Chamber of Commerce on Friday urged an immediate end to the $300 weekly unemployment benefit supplement.

Source: bd News24 May 08, 2021 03:56 UTC