Employment: A New Report and Old Problems

Nonfarm U.S. payroll employment rose by 244,000 in April but there remain 13.7 million unemployed.  The unemployment rate rose from 8.8% to 9.0%, because the labor force increased.  Employment now stands 1.4 million jobs higher than this time last year, but on a base of almost 140 million employees, that’s just one percent – over […]