Is April’s Slow/Low Payroll Growth Signaling the New Normal or A New Recession?
May 04, 2012 at 10:15 AM EDT
Economists were expecting a relatively weak month for job growth in April, but today’s payrolls report from the Labor Department managed to disappoint the crowd even by the downsized standards of late. Employment in the private sector rose by a thin 130,000 on a seasonally adjusted basis, down from March’s modest 160,000 gain. April’s increase [...]