Economy Gains 266,000 Jobs in April; Unemployment Little Changed at 6.1%

Economy Gains 266,000 Jobs in April; Unemployment Little Changed at 6.1%

Bureau of Labor Statistics

The U.S. economy gained 266,000 jobs in April, and the unemployment rate was little changed at 6.1%, according to figures released Friday morning by the U.S. Bureau of Labor Statistics.

In response to the April job numbers, AFL-CIO Chief Economist William Spriggs said: “There was no progress in reducing the number of long-term unemployed, they remained nearly unchanged at 4.2 million and are 43% of the unemployed. That number will be difficult to clear by September when key provisions of federal support for unemployed workers will lapse.” He also tweeted:

Last month’s biggest job gains were in leisure and hospitality (+331,000), other services industry (+44,000), local government education (+31,000), social assistance (+23,000) and financial activities (19,000). The biggest job losses were seen in manufacturing (-18,000), retail trade employment (-15,000) and health care (-4,000). Employment changed little in other major industries, including construction, mining, wholesale trade and information.

In April, the unemployment rates for teenagers (12.3%), Black Americans (9.7%), Hispanics (7.9%), adult men (6.1%), Asian Americans (5.7%), adult women (5.6%) and White Americans (5.3%) showed little or no change.

The number of long-term unemployed workers (those jobless for 27 weeks or more) barely changed in April and accounted for 43% of the total unemployed.

Kenneth Quinnell
Fri, 05/07/2021 – 12:42

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Updated: May 12, 2021 — 2:20 pm