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US added 266,000 jobs in April, shockingly short of expectations – NEWS.com.au
US added 266,000 jobs in April, shockingly short of expectations
Experts in the United States have been shocked by a surprisingly weak jobs report, which President Joe Biden is spinning as proof of the need for further stimulus.His political opponents say the opposite: that a $US1.9 trillion COVID relief package Congress passed in March is incentivising Americans to remain unemployed.
According to the Bureau of Labour Statistics, the US economy added just 266,000 jobs in April, barely a quarter of the one million jobs that had been forecast by economists.
The…
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