Job creation surprises, but worries remain

The Labor Department reported Friday morning that employers stepped up job creation in April, adding 290,000 new positions. That’s the most in four years.

It’s certainly a glimmer of hope after Thursday’s roller coaster ride on Wall Street.

But even with job seekers feeling better about their prospects for finding work, here are some statistics to keep in mind:

….the so-called underemployment rate rose to 17.1 in April. That’s close to the record high of 17.4 percent in October and shows just how difficult it is for jobseekers to find work.

The number of people out of work six months or longer reached 6.7 million in April, a new high. These people made up 45.9 percent of all unemployed people, also a record high.

North Carolina will release its unemployment rate for April on May 21st.


  1. […] This post was mentioned on Twitter by north_carolinaBNN. north_carolinaBNN said: The Progressive Pulse: Job creation surprises, but worries remain: The Labor Department reported Friday morning th… http://bit.ly/bdZlzH […]


    May 8, 2010 at 6:01 pm

    What happens when the stimulus money runs out, and interest rates begin to rise. Too little too late for the majority of jobseekers.

Check Also

Board of Governors’ actions ‘deeply troubling,’ harmful to UNC’s reputation

The decision of the UNC Board of Governors ...

Top Stories from NCPW

  • News
  • Commentary

“Is this person a citizen of the United States?” To some that might seem like a simple question to p [...]

Many Robeson County residents have drinking water that is more acidic than strong black coffee, whil [...]

Cases from NC, Virginia, Maryland could provide vehicle for Supreme Court to issue a definitive ruli [...]

At the corner of 4th and Liberty Streets in downtown Winston-Salem, the city is changing. A construc [...]

Same-sex couples in North Carolina won the freedom to marry in 2014, but LGBTQ people continue to be [...]

At long last, we’ve learned who UNC Chancellor Carol Folt is, just in time to say farewell. Folt’s i [...]

If there’s a single most maddening and telling hallmark of the hard Right leadership that’s dominate [...]

Did you know that student performance in North Carolina charter schools is increasingly falling behi [...]