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Government: 115K Jobs Created in April

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  • Description

    FBN’s Peter Barnes breaks down the latest report from the Labor Department.

  • Duration 1:39
  • Date

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Expecting get the Labor Department jobs report roughly ten seconds everybody expecting 170000.

Jobs created but the official world will -- -- known at 830 and Peter -- -- by alive the bad for us Peter.

100 151000.

Nonfarm payroll jobs created in April a 1151000.

And well below expectations.

The unemployment rate ticked down to eight point 1% from eight point 2% in March that is the lowest.

Level in three years.

But the weak payroll jobs number for march itself was revised upward.

From a 374000.

And -- -- additional 34000.

Jobs and February was revised up buying 191000 to 259000.

Jobs for a total of 583000.

Additional jobs.

That were run -- not previously reported by the Labor Department the unemployment rate went down once again because the labor force shrank by more than 300.

Thousand jobs private companies added a 130000.

Jobs last month while the government.

Cut 151000.

Jobs looking at other sectors right now manufacturing adding 161000 jobs last month administrative and support services up 32000.

Education and health.

Plus 43000.

Retailers added 29000.

Sectors cutting jobs include transportation and warehousing down 171000.

And arts entertainment and recreation.

Down 151000.

Adam.

Peter -- thank you very much you can see reaction with the US futures 1151000.

Jobs created far below what had been expected.

Imus in the morning we'll continue after this break on the fox --

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