NBC News: Employers added 428,000 jobs in April as unemployment rate remains unchanged
The number beat analyst expectations of 395,000 payrolls added in April.
**THIS IS KEY**
The current jobs recovery is incredibly fast.
~95% of jobs are back so far. We are on track to have 100% of jobs back by ~2.5 years after crisis.Compare to:
1991 recession: ~2.6 years for full job recovery
2001 recession: ~4 years
2007 recession: Over 6 years https://t.co/zhSH6cY4f2— Heather Long (@byHeatherLong) May 6, 2022