Comment on U.S. adds 160,000 jobs in April, unemployment holds at 5 percent

U.S. adds 160,000 jobs in April, unemployment holds at 5 percent

U.S. employers added 160,000 jobs in April — fewer than expected — the Labor Department reported Friday. Economists had forecast a gain of 200,000 jobs. Analysts interpreted the number, the lowest in seven months, as an indication that slow first-quarter economic growth had sapped momentum from the nation's hiring binge.

 

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