Byline: Combined wire services
The nation's civilian unemployment rate jumped to 5.3 percent last month and the number of jobs created fell sharply, the Labor Department said Friday in a report that confirmed a slowdown in U.S. economic growth.
The unemployment rate rose from a seasonally adjusted 5 percent in March as the department's survey of American households showed a substantial increase in the labor force of 395,000, and a drop of 23,000 in the number of jobs. That combination increased the number of people without jobs but looking for them to 6,546,000.
A separate survey of industry payrolls, which is closely watched by many analysts as an indicator of how fast the economy is growing, showed a gain of 117,000 jobs in April, down from a 171,000 gain in March, and an average monthly gain of 300,000 in the 12 months ended in …
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