The government released its closely-watched employment report for April. While the unemployment rate ticked down to 8.1 percent, only 115,000 new jobs were added to payrolls for the month, well below forecasts.
If, as expected, socialist Francois Hollande is elected the next president of France this weekend, to what extent will budget realities crimp his ability to ease off the austerity that he believes is hurting the economy?