Report: 115,000 Jobs Added in April

    People seeking jobs wait in line to speak to over 60 employers at an employment fair May 3, 2012 in the Queens borough of New York. New claims for US unemployment benefits dropped more quickly than expected last week, but remained painfully high, the Labor Department reported May 3, 2012. New jobless claims stood at 365,000 for the week to April 28, compared to a revised 392,000 level the previous week. AFP PHOTO/Stan HONDA        (Photo credit should read STAN HONDA/AFP/GettyImages)

    Stan Honda, AFP / Getty Images

    Only 115,000 jobs were added to the American economy in April, according to the jobs report released by the Department of Labor Friday morning—the smallest gain in six months. That's significantly fewer than the 154,000 jobs that were added in March, according to today's revised report. The unemployment rate fell to a three-year low of 8.1 percent, partly due to workers leaving the labor force. Economists had predicted before the release of the report that 170,000 jobs would have been added. Mitt Romney and Barack Obama's presidential campaigns prepared themselves for the release of the numbers, which are taken as bellwether figures on the state of the American economy.

    Read it at Bureau of Labor Statistics