Dr. Peter Morici: US economy adds 290,000 jobs but unemployment jumps to 9.9%
May 7th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Dr. Peter Morici: The US Labor Department reported the economy added 290,000 jobs in April but the unemployment rate increased to 9.9% from 9.7% the previous three months. The broad measure of unemployment was at 17.1%.