Jobs Numbers – April
ecthompsonmd
May 4, 2012
Not as good as I was hoping for, but not awful either. From EPI: The April 2012 employment report from the Bureau of Labor Statistics showed 115,000 jobs were added in April. This is a drop from earlier in the year, but much of the slowdown is likely due to seasonal factors, namely unseasonably warm weather in the winter (e.g., the unseasonably warm January and February boosted economic activity and meant some employers hired then, instead of waiting until the spring). Given that, the average job growth of the last three months—176,000 jobs—is probably the best measure of the current underlying
