April Jobs report: Best gain in four years
New York (CNNMoney.com) - In another sign that the recovery in the U.S. economy is taking hold, employers added significantly more jobs to payrolls in April, according to a government report released Friday.
There was a gain of 290,000 jobs in the month, up from a revised 230,000 jobs added in March. It was the largest number of jobs added to the labor force since March 2006.
Economists surveyed by Briefing.com had forecast a gain of 187,000 jobs.
With upward revisions for both March and February, there has been a gain of 573,000 jobs since the start of the year. After nearly two years of job losses, the economy has now added jobs in five of the last six months.
The report also includes a separate survey of households that it uses to estimate the unemployment rate, which increased to 9.9%. Economists had forecast the rate would remain at the 9.7% rate reported for March.
The increase was due to people who had previously been discouraged returning to the job search. So the rise in the unemployment rate is actually a sign of improving perception of labor market conditions by job seekers. The number of discouraged workers, or people who want a job but are not counted in the labor force has now dropped by 355,000 since December.
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Good job with the economy President Obama, I thank God everyday that you are our President.
Good news! Not perfect yet, but getting better . . . just like our President and every reasoning person has said. How does it feel, Rabid-Righties and TPee-ers? It's now becoming more and more clear to everyone that your continued hatred of President Obama is based solely on irrational bigotry. It'll be interesting too see how you all and the Republican'ts in Congress twist and spin in the wind to come up with some basis for your nonsense. Because we all know . . . . because you've TOLD us . . . .it's certainly not based on pure, evil racism .. . . right????
More wizardry by CNN and Liberal polling.
The unemployment numbers continue to rise, yet somehow more people are working.
Yep...that stimulus sure was a bad idea wasn't it...?
What the heck is wrong with the "liberal left wing media"? If they keep showing that the economy is slowing improving and that it is happening under President Obama, then just what are the GOP going to do when it comes to telling us why they should be running the country and not the Democrats? This president HAS to fail like Rush has said in order for the GOP to make any headway in the polls this year. Of course though they can keep their followers in the dark, put out a lot of mis-information and let Palin go cross the country spreading such junk. Even the tea party folks have beeen quiet lately so when they have nothing to complain about something must be going right.
Typical CNN, I wonder how many of those jobs were "Temporary Workers doing the Census", also, how about the new unemployment figures, why not put them in this article!!!!!!!!!!!
So best gain in 4 years with president Obama only in office less than two years. I'm sure he had nothing to do with it, and just the clarvoyance of the republican party is responsible. They have mezmerizing powers those republicans. It could not have anything whatsoever to do with all the work this administration has done trying to correct the mistakes of the previous administration. That would not be possible. Can't wait until the economy turns around even more and the unemployement rate starts to fall. I'm sure that will be only because the republicans have wished it so. Still laughing since Nov "08".
Bravo....This is what we have been waiting for.
In addition to the 1/3 of these jobs that are temporary Federal jobs, that are comsuming our taxes, I wonder how many others are part of the Obozo, Reid, Pelosi porkulus package that are also Federal jobs. We are sure looking more and more like Greece thanks to our idiot, union controlled, corrupt president aren't we.
Who you gonna blame for the gain?
the GOP wont comment about that and if they do they will tie a negative to it!
How is this good when this morning I hear that Unemployment is at 9.9% ????
Where are the reports from Boehner, McConnel, and Cantor detailing how Obama is still failing with the economy?
Job creation. Get used to it Republicans.
Right Wingnuts: Ha! Obama's plans are working to repair all the damage, failures and corruption left behind by The Incompetent Bush. Good work, Mr. Obama! We're proud of you!
Ahh CNN stir that pot for Barry.
I knew the stimulus package did nothing at all and this proves it. we have had no economic growth, unemployment is skyrocketting blah, blah, blah! Obama is the man, finally a president with a brain
Imagine that... happened in spite of you, Bobo.
"The number of discouraged workers, or people who want a job but are not counted in the labor force has now dropped by 355,000 since December"
I bet the liberals pay these 355,000 people welfare and unemployment rates while they are sitting home not looking for work.
All liberals should be required to take economic classes before speaking about politics. They don't have a clue. Our dollar just keeps getting weaker because of all their handouts.
This is good news. Although many on the right refuse to admit it, the economy is getting better. Remember the GOP did NOTHING to help make this happen.
Just one question: How many of these jobs were people the NObama administration hired as a way of saying thank you for supporting his destructive policies?
The lies continue pouring out of Washington and President NObama's administration, and most news media take it upon themselves promote those lies and rhetoric. Shameful. These news media have no respect for the truth and the people that work for them.
America, is there no hope? I really "HOPE" so. America, remember, in the mid-term elections: "YES WE CAN!"
Very good news for job seeking Americans! And this is the result of very hard work by you, Mr. President, and your administration. Thank you very much for staying with the people! Even though they seem sometimes a little confused who is really working for their benefit/future and repeat the unfounded accusations and disgusting insults from the “far right/GOP”.
To see improvements in the job market is reassuring, however, the President should realize that even if everyone got jobs by the end of the year there will be critics claiming that had he done as they wanted him to do all of this would have taken place in 6 months or less. In other words, as hard as he may be working to turn our economy around there will always be those opposed to him that will claim they could have done it faster.
The President will have done what he thought was right or best for the nation and that is what he was elected to do. If what he is doing is right, he will have the thanks and gratitude of a greatful nation minus those who refuse to accept his work at all. We will simply call them Idiots and hope they never get into a position of power where they can once again take our country down another path of destruction for their own personal gain.