'No Plans to Hire'

(Bloomberg) American employers added fewer workers than forecast in April and the jobless rate unexpectedly fell as people left the labor force, adding to concern the economic expansion is cooling.

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Weakening consumer confidence is hurting sales at businesses like Tops American Grill, Bakery & Bar in Schenectady, New York.

No Plans to Hire

Evan Christou, the owner, said he has no plans to add to his staff of 42 employees. Sales were up about 6 percent earlier this year before dropping off when gasoline prices went up. He said he would need to see a significant increase in sales for a sustained period before hiring more workers.

“We’re kind of consolidating and multitasking,” said Christou, 49. “In this market, it’s pretty much a wait-and-see attitude.” ......................(more)

The complete piece is at: http://www.bloomberg.com/news/2012-05-04/payrolls-in-u-s-rose-115-000-in-april-jobless-rate-at-8-1-.html