U.S. employers may have added 115,000 jobs in April, but that was the smallest number in six months, and much lower than economics expected. Even though the unemployment rate fell to 8.1 percent, it was mostly due to more people leaving the workforce entirely (nearly 350,000 of them).
None of this is good news for the nation’s unemployed, looking to decide on which candidate has the best plan to steer them to a steady job and a paycheck. Here are five timely cartoons about the struggle our economy still has…
One reply on “Stagnant Job Growth – Five Cartoons”
Mr. Cagle,
I respectfully disagree with your term "much lower than economics expected". Not only did Keynesian economic theory correctly predict a downturn in the jobs market caused by austerity fever in a weak recovery, but Dr. Paul Krugman has been hammering on that point for quite some time now. To pretend that these weak job figures are unexpected in an economy struggling to recover from the Wall Street Recession and hampered by austerity in doing so is dishonest.