06132021Sun
Last updateFri, 11 Jun 2021 4pm

Manufacturing & The Economy

U.S. Added 266,000 Jobs in April, Short of Estimates

Payrolls rose by 266,000 in April, and the unemployment rate is at 6.1%, the U.S. Department of Labor reported. Notable job gains in leisure and hospitality, other services, and local government education were partially offset by employment declines in temporary help services and in couriers and messengers.

Manufacturing employment edged down in April (-18,000), following gains in the previous 2 months (+54,000 in March and +35,000 in February). In April, job losses in motor vehicles and parts (-27,000) and in wood products (-7,000) more than offset job gains in miscellaneous durable goods manufacturing (+13,000) and chemicals (+4,000). Employment in manufacturing is 515,000 lower than in February 2020. 

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