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April job growth slows adding 115000 seekers to labor pool
The April payrolls rose by 115000, far below expectations, with unemployment at 8.1 percent driven by fewer people entering the labor force. Analysts warn of a faltering recovery as March and April hiring underperform, stock markets fall, and oil dips amid slower momentum.
MENTIONED IN THIS ARTICLE
Washington
United States
Labor Department
Tom Porcelli
U.S
ABC Capital Markets
Wall Street
Standard & Poor
Paul Ashworth
Capital Economics
Ashworth
Associated Press
Brad DeLong
University of California, Berkeley
David Boyce