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April’s Bright and Shiny Jobs Report
The Biden Administration puts up strong jobs numbers and low unemployment for April.
“Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent,” the U.S. Bureau of Labor Statistics reported this morning.
“The unemployment rate remained at 3.6 percent in April, and the number of unemployed persons was essentially unchanged at 5.9 million,” the report continued. “These measures are little different from their values in February 2020 (3.5 percent and 5.7 million, respectively), prior to the coronavirus (COVID-19) pandemic.”
“Among the major worker groups,” Labor officials said in the report, “the unemployment rates for adult men (3.5 percent), adult women (3.2 percent), teenagers (10.2 percent), Whites (3.2 percent), Blacks (5.9 percent), Asians (3.1 percent), and Hispanics (4.1 percent) showed little or no change over the month.”
“Among the unemployed, the number of permanent job losers remained at 1.4 million in April, and the number of persons on temporary layoff was little changed at 853,000,” the Labor Department concluded. “These measures are little different from their…