NYTIMES: The United States had another month of disappointing job growth in April. The nation’s employers produced a net gain of 115,000 positions, after adding 154,000 in March, the Labor Department said Friday. April’s job growth was less than economists had been predicting.
The unemployment rate, which is based on a separate survey of American households, ticked down to 8.1 percent in April, from 8.2 percent. That may sound like good news, but the decline was not because more unemployed workers were hired; it was entirely because 342,000 workers dropped out of the labor force.Romney Calls Jobs Report 'Very, Very Disappointing' “We should be seeing numbers in the 500,000 jobs created per month,” Romney said. “This is way, way, way off from what should happen in a normal recovery.”- and Romney is right.