March’s US Jobs Report Bad; April to be Much Worse

Only 266,000 jobs were added last month but the US needs much more. It shows consumer spending and the work force won't align in the reshaped economy. The US is reopening to a reshaped economy where consumer spending is recovering faste.....»»

President Joe Biden’s promised economic comeback hit a speed bump Friday with the April jobs report.President Joe Biden’s promised economic comeback hit a speed bump Friday with the April jobs report......»»

The Dow Jones Industrial Average and the S&P 500 index on Friday both finish at new records on the same day for the first time in about three weeks while the Nasdaq outperformed as technology stocks led the charge......»»

It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback......»»

The Fed has been measuring unemployment using a "real" rate along with traditional metrics.....»»

US stocks closed at new records Friday, as a massive miss on April's jobs report boosted confidence the Fed would continue its easy money policies. Xinhua/Wang Ying/ Getty Images The Dow Jones and S&P 500 closed at record h.....»»

Democrats and Republicans drew opposite conclusions from April's jobs report and the way forward in healing an economy battered by the pandemic. President Joe Biden pauses as he speaks about the April jobs r.....»»

Only 266,000 jobs were added last month but the US needs much more. It shows consumer spending and the work force won't align in the reshaped economy. The US is reopening to a reshaped economy where consumer spending is recovering faste.....»»

Economist Misty L. Heggeness told Insider that creating affordable and accessible childcare is key to recovery. Westend6/Getty Images The April jobs report was a surpris.....»»

April's jobs report badly missed the forecast of 1 million payroll additions, coming in at just 266,000. It's such a big miss experts are scrambling. A "help wanted" sign hangs on a window of a.....»»

It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback......»»

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......»»

The figures show a stark divide among workers, both in their ability to get jobs and hang onto them during the pandemic......»»

It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback......»»

It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback......»»

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......»»

Minneapolis Fed President Neel Kashkari said Friday the surprisingly weak April job report was an example of how far the economy is from full employment......»»

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......»»