Economy adds 244,000 jobs; unemployment rate at 9%
May 9th, 2011 | 
Author: Economy adds 244,000 jobs; unemployment rate at 9%
WASHINGTON (AP) — Employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. But the unemployment rate rose to 9 percent in part because some people resumed looking for work. read more
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Financial 411: Weekly Business Roundup
Unemployment Back at 9%, Despite High Job Numbers Employers added more than 200,000 jobs in April for the third straight month. But the unemployment rate still rose to nine percent. That’s in part because some people jumped back into the job market actively looking for work, so they’re now counted as unemployed. Private-sector employers created nearly 270,000 jobs last month. That’s the most …
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Tough Summer Job Market For Teens
The unemployment rate went up from 8 point 8 percent to 9 percent. It’s the first increase since November. Experts said it’s in part because more people have decided to start looking for a job, and teens starting to look for jobs are having a tougher time this year.
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