The U.S. added 160,000 jobs in April, new government data showed Friday morning, the weakest pace of hiring in seven months.
Though the unemployment rate held steady at 5.0 percent, Friday’s jobs data provided an unexpectedly downcast signal about the nation’s labor market: A surge of Americans dropped out of the workforce and hiring in several key industries, including construction and manufacturing, all but stalled.
13:28 ECB, keeping rates unchanged, stays quiet about future policy
17:22 Bobby Shmurda 7 Year Sentence Is a Screw Job! My Lawyer Forced Me
13:25 Industrial production edges up 0.1% in Sept., vs expectations for 0.2% gain
12:15 United States High School Graduation Rate Reaches A Record High