Anchored by Jake Tapper, The Lead airs at 4 p.m. ET on CNN.
We've moved! Come join us at our new show page.
New York (CNNMoney) – The jobs recovery is chugging along, but the labor market remains far from fully healed from the crisis.
The U.S. economy added 288,000 jobs in April, the strongest month for job growth in two years, the Department of Labor said Friday. That number blew away economists' forecasts, and stocks rose following the news, although they have since fallen back.
The oft-quoted unemployment rate fell to 6.3%, down from 6.7% in March.
The severe winter had been holding back many economic statistics, as snowstorms slowed the housing market, retail sales and manufacturing. On Friday, the jobs numbers were revised higher for both February and March, showing the economy is over that winter lull.
Comments are closed.
The Lead with Jake Tapper draws not only on Tapper’s deep knowledge of politics and national issues, but also seeks to examine and advance stories across a wide range of topics that demonstrate his own curiosities and interests. Compelling headlines come from around the country and the globe, from politics to money, sports to popular culture, based on news drivers of the day.
The Lead with Jake Tapper airs weekdays at 4 p.m. ET.
Get every new post delivered to your Inbox.
Join 134 other followers