WASHINGTON (AP) — The April U.S. jobs report was an unexpected clunker. Economists had predicted a second month of nearly 1 million added jobs. Instead, to nearly everyone’s surprise, employers added a comparatively paltry 266,000. So why was the gain so low? The broadest explanation is that any time an economy has to recover from a severe shock, it isn’t likely to proceed smoothly. Month-to-month hiring will be choppy. Because the economy is rebounding faster than almost anyone thought it would, many companies were caught flat-footed. Even though they’re advertising even more jobs than they did before the pandemic, hiring stumbled in April because many employers couldn’t attract as many workers as they needed.

15 Iconic Retail Stores That Don't Exist Anymore (But We Totally Miss Shopping At)

 

LOOK: Just some of the photos that capture the historic year that was 2020