Jobs Report Cinco de Mayo!

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Job growth rebounded in April after a dismal March, which was due in part to harsh weather. The Bureau of Labor Statistics reported that 211,000 jobs were created, above the 180,000 expected. The weak March number of 98,000 was revised lower to 79,000. February was revised higher to 232,000 from 219,000. The Unemployment Rate fell to 4.4 percent, the lowest level in 10 years. Within the report it showed that total unemployment, or the U-6 number, fell to 8.6 percent from 8.9 percent, the lowest since November 2011 before the onset of the Great Recession.

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