The nation's jobless rate edged down to 8.1 percent in April from 8.2 percent in March, but just 115,000 jobs were added to private and public payrolls, the Bureau of Labor Statistics reports.
We'll add more to this post as we read through the report and gather reactions and analysis. So be sure to hit your "refresh" button to get our latest updates.
Update at 8:41 a.m. ET. March Job Growth Revised Upward:
Previously, BLS had estimated there were about 120,000 jobs added to public and private payrolls in March. Today, it revised that figure upward to 154,000.
Update at 8:40 a.m. ET. Job Growth Much Less Than Expected:
Before the report's release, the consensus forecast among economists was that payrolls likely grew by about 160,000 positions in April, Bloomberg News reports.