Friday's jobs report reflects a reopening economy that still has a long way to go to match its Trump-era strength.
Contrary to bullish expectations, the unemployment rate actually ticked up a tenth of a point to 6.1 percent in April, and the economy added 266,000 jobs, far fewer than the 770,000 (revised) added in March and the 536,000 added in February.
Notably, the number of employed Americans increased in April for the 12th consecutive month since the economy tanked under COVID pressure in April 2020. Last month, BLS said 151,176,000 Americans were employed. That is 318,000 more than in March, and 1,145,000 more than when Joe Biden took office in January.
But the number of unemployed American also increased (+102,000) to 9,812,000 last month, boosting the unemployment rate slightly.
Jones concluded by huffing, "President Joe Biden will speak about today's jobs report later on this Friday, no doubt taking another opportunity to promote his American Jobs Plan."
Terry Jeffrey served up his usual sidebar complaint about government jobs, grousing this time that "Federal, state and local governments in the United States increased their employment by a combined 48,000 workers in April." But he knew who to blame; the article was illustrated with a picture of Kamala Harris and Nancy Pelosi bumping elbows, as if to (falsely) suggest they were celebrating more govenrment unemployment. Jeffrey tried to distort numbers further by comparing them to 20-eary-old numbers: "Even with the significant decline in government employment that occurred when the COVID-19 pandemic hit, government employment is still up 1,020,000 in this century, rising from 20,571,000 in January 2000 to the current 21,591,000."
CNS served up one other usual sidebar, this one on Hispanic unemployment.