April 2012 Jobs Report
May 4
Yet another disappointing jobs report was just released by the Bureau of Labor Statistics for this past month. The numbers are in, and the U.S economy only added 115,000 jobs in April, which is less than the 165,000 economists had expected. April’s report displayed the worst job growth in the past six months, especially in comparison to December through February, which saw an average job growth of 252,000 jobs per month.
The unemployment rate did drop one-tenth of a percentage point to 8.1%, and the industries that saw job growth in April were professional and business services, retail trade, and health care. Transportation and warehousing trended down, losing 17,000 jobs over the course of the month. Despite the slowdown in job growth over the past couple of months, temporary help is still on the rise and added 21,000 jobs this past month to approximately 2.49 million jobs .