US Economy added 288,000 jobs in April, unemployment rate falls to 6.3 percent

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NEW YORK — The jobs recovery is still chugging along, although at this pace it will still take years to get back to a pre-recession labor market.

The U.S. economy added 288,000 jobs in April, the Department of Labor said Friday.

While that’s an encouraging sign that the economy is continuing to improve, the unemployment rate told a different story.

That number, which comes from a survey of households, shows Americans are dropping out of the labor force and fewer people report they’re employed.

These trends led to the unemployment rate falling to 6.3 percent, its lowest level since 2008.

Given the millions of jobs lost in the financial crisis, even modest hiring is still not enough to put the huge backlog of unemployed Americans back to work. Long-term unemployment remains elevated with 3.5 million people out of a job for six months or more.

Economists estimate it could take at least another two years until the job market returns to its pre-recession health, when the unemployment rate was around 4 percent to 5 percent.

12 comments

  • Spanker

    I guess Obama Bin Laden thinks we are now lambs…bahhhhh, bahhhh…..cause he has fooled the ‘sheep’ of this country so now trying to take over the lambs.

  • people have no brains

    Hey spanker..what about the house, senate and congress..not to mention wall street?? Oh ill wait… Or does 1 man run this nation..sounds like YOU are the sheep and the lamb..bahhhh

  • people have no brains

    its also funny how u people cry when jobs are cut, but ALSO cry when jobs are added…lol. JUST ADMIT IT man, it HIM, not his policies or his cohorits..it HIM. but we wont go there now will we? hmmmmm

  • no brains at all

    What about the in your own backyard? this coal ash thing…kinda get silent when your OWN governor does nothing but pass the clean up cost on to you, and his lobbyist laugh at u ALL..lol. but I guess he get a pass huh? OK im done, carry on folks

    • Kill The Poor

      That’s what the braindead repupublicans don’t understand. They’re just red sheep instead of blue. Neither party cares about you. The stupid rednecks don’t undetstand that. I had it said more clearly but, Myfox8 doesn’t like it when I insult the rednecks. But it’s ok for them to insult minorities, gays, or anyone that they don’t agree with. Like you I’m done. KILL EM ALL

      • MOST people have no brains

        I retract my statement…MOST people have no brains. “Kill the poor” just made me have alittle bit of hope that everyone are not zombies from the Walking Dead..Thanks man, WE are 2 of a dying breed. carry on

  • Thomas Christopher

    Recovery??? CBS reports that a record 92,594,000 (April 2014) Americans are now out of the workforce, almost 1 million more than the previous month (March 2014: 91,630,000). Plus, how many of those jobs are part-time (like mine) to keep employees from being eligible to receive benefits, including health insurance? Funny, but when Bush was in office, I had no trouble whatsoever finding full-time employment and adequate, cheaper health insurance, so keep living in “hope and change” fantasy land and keep believing in this false recovery that the Obama leg-hunching media keeps feeding you, sheeple!

    • MOST people have no brains

      You mean Bush’s 1st YEAR in office..After that is when things went to chit…Think back, Ill wait.

  • brains in wrong head

    The blackican will defend Obama Laden all day everyday because he gets them their free Obama phones and allows them to stay at home with their 6 kids and collect food stamps and have govt housing. We know the drill you scummies.

    • brains in this head

      Struck a nerve with that dose of truth huh? “Blackican”?? Never heard that one before….. I’m blackican not understand your hood lingo. haha.

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