From the New York Times:
"The American economy shed 20,000 jobs in April, the Labor Department said on Friday in a report that many economists took as powerful evidence that the United States is ensnared in a recession.
It was the fourth consecutive month of decline. But the size of the loss was significantly smaller than many analysts predicted, and the unemployment rate nudged down to 5 percent, sowing hopes that the economy may not suffer as severely as some have feared."
It was the fourth consecutive month of decline. But the size of the loss was significantly smaller than many analysts predicted, and the unemployment rate nudged down to 5 percent, sowing hopes that the economy may not suffer as severely as some have feared."
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