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The April jobs report was a huge disappointment. The economy added just 266,000 jobs, far short of expectations of around a million; the BLS also revised down job growth in February and March by a net 78,000. The unemployment rate ticked up to 6.1% from 6.0% as the labor force increased by 430,000, employment (measured by the household survey, separate from the survey of employers) rose 328,000, and active jobseekers a.k.a. “official unemployment” rose by 102,000. Employment was down 92,000 or 1.4% on the month among women between 20 and 24 years old; down 118,000 or 0.4% among women over 45; and down 55,000 or 0.2% among men over 45.Subscribe to Comments