Job growth slowed in April 2021 with only 266,000 jobs added to the U.S. economy.
The U.S. Bureau of Labor Statistics’ latest report, released Friday, showed that job growth dropped significantly after showing signs of recovery. U.S. employers added 770,000 jobs in March and 536,000 in February.
While there was job growth in the hospitality and leisure industry, the Bureau of Labor Statistics reported a substantial drop in temporary help services and manufacturing. In the hospitality industry, there were 187,000 jobs added at food and drink establishments, 54,000 jobs added by accommodations employers and 73,000 jobs added in the amusements, gambling and recreation sector.
However, temporary help services jobs declined by 111,000 in April. In the business support services sector, there were 15,000 jobs lost. The transportation and warehousing industry saw the loss of 77,000 courier and messenger jobs.
Manufacturing also saw a notable loss of jobs with 18,000. The motor vehicles and parts industry saw greater losses with 27,000 jobs lost.
Unemployment in the United States increased to 6.1 percent with 9.8 million unemployed individuals in the country. According to the bureau, the pre-pandemic unemployment level was 3.5 percent in February 2020 with 5.7 million unemployed.
The labor report was a disappointment to many, with expectations for greater job creation. According to a New York Times report, many forecasts had anticipated the creation of approximately one million jobs.
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