April unemployment report

The Labor Department released its unemployment numbers for the month of April today and there is a bit of good news. The pace of layoffs slowed down last month to 539,000 jobs cut. More than half a million jobs probably sounds like bad news, not good (and, for those 539,000 people, it no doubt is). [...]

The ADP National Employment Report was released yesterday, showing a possible slowing in the number of layoffs during the month of April. For April, the ADP is reporting that 491,000 private sector jobs were loss — no doubt a huge number, but a slowing from the predicted 600,000 plus expected to be lost. It’s also [...]