Both employment and unemployment rate up in April!


…The U.S. economy has created jobs for three straight months, adding $290,000 jobs in April after a 230,000 gain in March, the U.S. Labor Department announced Friday. Even excluding the temporary workers hired by the U.S. Census, the economy added 224,000 jobs in April.

And don’t let the fact that the unemployment rose to 9.9% from 9.7% in March get you down: It most likely reflects optimism on the part of unemployed Americans, more of whom resumed their job searches again as more openings appeared…

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Updated: May 7, 2010 — 4:24 pm