Instant View: U.S. jobs growth at seven-month low in April

May 6, 2016 1:22 PM

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Instant View: U.S. jobs growth at seven-month low in April

The U.S. economy added the fewest number of jobs in seven months in April and Americans dropped out of the labor force in droves, signs of weakness that cast doubts on whether the Federal Reserve will raise interest rates before the end of the year.

"For those who had thought a June rate hike was in play, this was a nail in coffin. The Fed is not going to change its policy statement in June at all. This raises question about a September rate hike. I would like to think the economy is in a better place at the end of year. This absolutely raises ...

Also read: U.S. economy creates 178,000 jobs in November; jobless rate drops to 4.6%

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