‘Steep Climb Ahead’ for Employment

By Staff Writer May 10, 2021 349

Total payroll employment rose by 266,000 in April, and the unemployment rate rose slightly, the U.S. Bureau of Labor Statistics reported last week.

“Today, the Bureau of Labor Statistics reported that the American economy added 266,000 jobs in the month of April, and the unemployment rate was 6.1 percent, up marginally from 6.0 percent in March,” said Labor Secretary Marty Walsh.

“However, the numbers also show we have a steep climb ahead of us. We have yet to recover roughly eight million jobs that existed prior to the pandemic.”

The number of unemployed persons, at 9.8 million (not including farm workers), was little changed in April. These measures are down considerably from their recent highs in April 2020 but remain well above their levels prior to COVID-19 (5.7 million).

Among the major worker groups, the unemployment rates for adult men (6.1 percent), adult women (5.6 percent), teenagers (12.3 percent), Whites (5.3 percent), Blacks (9.7 percent), Asians (5.7 percent), and Hispanics (7.9 percent) showed little or no change in April. Among the unemployed, the number of persons on temporary layoff, at 2.1 million, also changed little in April. This measure is down considerably from the recent high of 18.0 million in April 2020 but is 1.4 million higher than in February 2020. The number of permanent job losers, at 3.5 million, was also little changed over the month but is 2.2 million higher than in February 2020.

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Last modified on Friday, 14 May 2021 13:16