Ronaldo eyes AFC Champions League glory with Al Nassr    Inter Milan advances to Italian Super Cup final with 2-0 victory over Atalanta in Riyadh    Thousands attend vigil in Podgorica for 12 victims of Cetinje shooting rampage    Elon Musk sparks furor over support for British far-right instigator Tommy Robinson    Two dead after small plane crashes into California building    Slovakia threatens to cut benefit for Ukrainians    Meghan announces new Netflix lifestyle show    Saudi trade surplus grows 30% to SR20.76 billion in October 2024    Saudi FM reaffirms support for all initiatives to ensure Syria's security and sovereignty    Courchevel subzone: An enchanting winter fun and adventure experience in Riyadh Boulevard World    NMC: Saudi Arabia witnessed strongest cold wave in 1992 with minus 9.3°C in Hail Temperatures to drop below zero in northern regions in coming days    Saudi Arabia secures $2.5 billion Shariah-compliant revolving credit facility    Al-Nassr sells Seko Fofana to Rennes after loan stint at Al-Ettifaq    HR Ministry: 45% increase in wages of Saudis working in private sector    SFDA warns against using SHTINE bottled water due to high bromate levels    Updated fee for Iqama renewal SR51.75 and reentry visa extension SR103.5 Absher Business introduces 7 fees for establishments    Bahrain and Oman to clash in Khaleeji Zain 26 final after stunning semi-final wins    Crypto fugitive Do Kwon extradited to US over $40bn crash    Angelina Jolie and Brad Pitt reach divorce deal    Philip Morris leverages tech, innovation for smoke-free world    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



US adds 290,000 jobs in April, but jobless rate climbs
Published in Saudi Press Agency on 07 - 05 - 2010

Firms in the United States added 290,000 jobs
in April, the most in four years, dpa quoted the Labour Department as saying today.
The data is considered a strong sign that the job market has begun
recovering from last year's damaging recession.
But the unemployment rate climbed to 9.9 per cent, from 9.7 per
cent in the first three months of 2010, as more than 800,000 people
who had given up looking for work re-entered the labour market.
The monthly gains were mostly in the private sector as companies
began hiring in manufacturing, health care, professional and business
services, among others. More than 60,000 workers were also hired
temporarily for the census, a population count conducted by the
government every 10 years.
Since the start of the year, the US economy has now gained 573,000
jobs - 483,000 in the private sector - as companies are becoming more
encouraged that the US recovery is sustainable.
"In the private sector, we're starting to see growth in a broader
scale," Labour Secretary Hilda Solis told Bloomberg Television. "We
still have work to do."
Major US stock indices fell 0.5 per cent within minutes of trading
opening in New York, as the employment gains were overshadowed by the
Greek debt crisis and possible trading errors that caused massive
market swings on Thursday.
The April jobs figures were better than most economists expected,
while the Labour Department also revised upwards its job gains for
the previous two months by 121,000.
The economy added 39,000 jobs in February, revised up from a
14,000 loss, and gained 230,000 jobs in March, revised from 162,000,
the department said.
But the climb in the jobless rate to 9.9 per cent surprised
analysts and came as the size of the labour force surged by 805,000
people.


Clic here to read the story from its source.