U.S. April 2021 labor market situation

U.S. Jobs Report Delivers Biggest Forecasting Miss Ever

May 7, 2021

A net 266k non-farm jobs were added in April, more than 700k less than predicted. The 144.3 million level of employment remains nearly 50 million below the extended trendline of jobs growth occurring in the two decades between end-1979 and Y2K. Fed officials are right to believe that America is still far from what used […] More

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