The New York Times (May 7)
2011/ 05/ 11 by jd in Global News
The U.S. added 244,000 jobs in April, but the jobless rate rose because even more people left or lost jobs. The “contradictory employment data raise questions about the economy’s momentum,” demonstrating the need for additional job creation programs, rather than government budget-cutting. “Job growth is not taking off. At the current monthly rate, it would take more than five years to return to the pre-recession unemployment rate of 5 percent in December 2007.”
Tags: Budget, Jobs, U.S., Unemployment
