Published on 4th May 2012
“Payrolls grew at a disappointing pace for a second month in April as employers added just 115,000 jobs. Gains in professional and business services offset losses in governments and transportation, the Labor Department said Friday. The unemployment rate fell from 8.2% to 8.1%, lowest since January 2009, as a net 342,000 Americans left the labor force, including many discouraged workers who gave up the job hunt. On the plus side, the government revised upward job gains for February and March by 53,000. March's net payroll jobs figure was revised up 34,000 to 154,000 and February's was revised up 19,000 to 259,000,” USA Today reports.