Did U.S. Hiring Slow Because of a ‘Labor Shortage’? Here’s What to Know About April’s Disappointing Jobs Report

Hiring was much weaker than expected in April. Wall Street thinks it’s a blip, but there could be much deeper rethinking going on of what jobs are needed and what workers want to do on a daily basis......»»

U.S. hiring rebounded in April and the unemployment rate dropped below 4 percent for the first time since 2000, while wage gains unexpectedly cooled, suggesting the labor market still has slack to absorb......»»

The hiring rate gained to 4.2% from 4% in March as vaccinations,.....»»

'The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,' the U.S. Chamber of Commerce said......»»

Employers added only 266,000 jobs in A.....»»

'The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,' the U.S. Chamber of Commerce said......»»

Gold futures climbed Friday to log their highest finish in almost three months after a closely watched reading of labor conditions in the U.S. for the month was much weaker than forecast......»»

How did Wall Street turn out to be so wrong about its forecast for 1 million new jobs in April? Here are the suspects......»»

Gold futures climbed to their highest level in almost three months Friday after a closely watched reading of labor conditions in the U.S. for the month was much weaker than forecast......»»

Employers added only 266,000 jobs in April, much fewer than the previous month and far short of expectations. Employers added only 266,000 jobs in April, much fewer than the previous month and far short of expectations......»»

Gold prices jump early Friday after a closely watched reading of labor conditions in the U.S. for the month was much weaker than forecast......»»

The Bureau of Labor Statistics released employment data for the month of April, and the numbers were disappointing. Here’s a rundown of everything you need to know. read more.....»»

Long-dated U.S. Treasury yields fell sharply on Friday after the Labor Department reported the economy had added 266,000 jobs in April, falling well short of the.....»»

A growing fight between the White House and Republicans over workers and incentives has cast a new light on the labor market......»»

A growing fight between the White House and Republicans over workers and incentives has cast a new light on the labor market......»»

Businesses sharply cut back on the number of people they hired at the end of 2020, a new survey shows, with most of the decline at restaurants, hotels and other companies hurt most by the coronavirus. The U.S. lost a net 5.5 million jobs in 2020......»»

U.S. stock indexes notched their best weekly gain since the November elections Friday, even though the latest update on employment showed a disappointing jobs gain in January, suggesting that recovery in the labor market is stalling......»»

Treasury yields came off their session highs on Friday after disappointing U.S. labor-market data eased some of the pressure on government bonds......»»

U.S. Treasury yields add to their climb on Friday after the monthly employment report from the Labor Department reflected the growing economic distress at the end of last year resulting from the third wave of coronavirus cases slowing business activity......»»

Reuters Friday's April nonfarm payroll report from the Labor Department was dismal — the US economy lost a record 20.5 million jobs, and the unemployment rate surged to 14.7%. "The size of the devast.....»»