April hiring seen picking up
WASHINGTON (Reuters) – Employers likely increased hiring in April, although not enough to lower the country’s 8. 2 percent jobless rate, keeping pressure on President Barack Obama ahead of his November re-election bid. Employers likely added 170,000 workers to their payrolls last month, according to a Reuters survey of economists, up from March’s meager print of 120,000. That would allay fears the economy is losing momentum. But it also could dampen hopes that a stretch of strong winter hiring signaled a turning point for the economic recovery. . . .
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