290,000 jobs created in April; jobless rate 9.9%

Market Watch ^ | 05/07/2010 | Market Watch

[The Magical Mischief Tour]

WASHINGTON (MarketWatch) - The American economy added 290,000 jobs in April, which was much better than expected despite temporary hiring for the 2010 U.S. Census. Excluding Census workers, 224,000 nonfarm jobs were created, with the unemployment rate edging up to 9.9% from 9.7%, the Labor Department reported Friday.

[advance_copy]

Jimmy Carter all over again.

[STONEWALLS]

we’re at 15% in western N.C. with the local food bank being pushed to the max.

[shadeaud]

and if it came out that it was low, I guarantee the news would just happen to come out after the evening snooze.

[Common Sense 101]

Uh huh... the number “magically” stays below 10%. I call BS.

[Old Teufel Hunden]

Whoops. That’s gotta hurt...

[misterrob]

290,000 jobs created in April; jobless rate 9.9%

is the correct title

[b4its2late]

All temporary...

[blueyon]

WOW you mean that the 600,000 that they added to the census didn’t help...well darn...how’s he going to try to manipulate hie way out of this now.

God be with all the unemployed....it is a scary thing

[onemiddleamerican]

Totally unexpected, I expect; especially since the April numbers have all those temporary census workers distorting the unemployment rate lower. Wait for the bounce back when all those temporary census jobs disappear.

[massmike]

Sound like we need another stimulus bill! </sarc

[silverleaf]

conveniently remaining below 10%

thanks to lord obama and lady pelosi for all those jobs they saved, it could be worse so they tell us

[mnehring]

Zero called a presser this morning, I wonder how he'll try to spin this. ..of course unemployment rises, it is spring, people don't want to be stuck working when they can be outdoors in the nice weather.. also, the bad weather in the South East has caused the numbers to rise.. and the moderate weather in the North also contributed to the increase in unemployment.

[silverleaf]

my theory is those census workers will transform into paid election workers - and we know whose election they will be working for

[TomGuy]

Actual article title:

290,000 jobs created in April; jobless rate 9.9%

Per a thread yesterday, Obama is supposed to give a presser this morning.

Apparently, these new numbers were expected.

[ding_dong_daddy_from_dumas]

Sound like we need another stimulus bill!

Funny but scary.

[Arrowhead1952]

[NC28203]

The consensus was for around 200K payroll jobs and the unemployment rate declining slightly to 9.6%. The estimates for temporary Census 2010 hiring were around 100K, so the market expectation was for about 100K payroll jobs ex-Census. So the 290,000 with 230,000 from the provate sector is a pretty good number.

Note: the largest increase in Census 2010 hiring will happen in May - perhaps 500K payroll jobs - and then all of those jobs will be unwound over the next 6 months.

[airborne]

The only places hiring are the Census and the IRS. 8^p

[rockinqsranch]

“Uh huh... the number “magically” stays below 10%. I call BS.”

Agree. It’s much worse than is being reported, and it’s going to get worse under the watchful eyes of the hopey, changey’s with their Marxist bent.