The Labor Department issued its monthly employment report on Friday and the news wasn't good. Payrolls did increase with 115,000 positions but that was less than the month before and far less than what most economists were expecting.
Unemployment slipped to 8.1 percent last month, in part because fewer job seekers were applying for positions. "I've been feeling very dejected and depressed," says one woman who has stopped looking for work. The share of adults working or seeking jobs is down to the lowest level since the 1981 recession.
The Labor Department announced unemployment figures for April on Friday. The jobless rate fell to 8.1 percent, from 8.2 percent in March. There have been conflicting signals about the strength of the economy, and the way voters interpret those signals could have a major impact on the presidential race.
After months of punishing austerity measures, some in Spain want a break and maybe even some stimulus from Europe. But that didn't happen at Thursday's meeting of the governing board of the European Central Bank.
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