Employers added 290,000 jobs in April according to Bureau of Labor Statistics. This was the biggest increase in four years. The jobless rate rose to 9.9% because more people are looking for work again.
The BLS says the unemployment rate for whites (9.0 percent)
edged up in April, while the rates for adult men (10.1 percent), adult women
(8.2 percent), teenagers (25.4 percent), blacks (16.5 percent), and Hispanics
(12.5 percent) showed little or no change.
The BLS says the biggest gains in April came in manufacturing, professional and business services, health care, and leisure and hospitality. The April jump is also partially thanks to 66,000 temporary workers hired for the decennial census.
Michael Carey, chief economist for North America at Credit Agricole CIB, thinks the economy could add 2 million jobs in 2010. Take a look:
