Friday, May 07, 2010
Breaking news: Jobless rate rises to 9.9% in April
Date: Fri, 07 May 2010 06:44:56 -0600
WASHINGTON (AP) -- Employers stepped up job creation in April,
expanding payrolls by 290,000, the most in four years. The jobless
rate rose to 9.9% in April -- from 9.7% in March -- as people streamed
back into the market looking for work.
The unemployment rate rose in April, mainly because 805,000 jobseekers
-- perhaps feeling better about their prospects -- resumed their
searches for work.
