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April Jobs Prints at 253,000, but With 149,000 Downward Revisions

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April Jobs Prints at 253,000, but With 149,000 Downward Revisions
Signage for a job fair in New York, on Sept. 3, 2021. Andrew Kelly/Reuters
J.G. Collins
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New jobs created printed at 253,000 on May 5, according to the Establishment Survey, well above market expectations of 180,000 jobs. Net revisions were down 149,000 jobs from February and March. That makes the average three-month creation of 222,000 jobs.
The Household Survey, which is compiled from different data, showed 139,000 people were newly employed.
J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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