sylvia hall takes us to a recruiting firm helping veterans tackle the challenge. >> reporter: in any military unit, anywhere in the world, you'll find a range of jobs as diverse as the people who hold them. from engineers, to supply chain managers, to chefs, nurses and lawyers, america's troops can do a lot. ra-vaire prince spent 12 years as an electrician in the navy. he's been deployed across the globe, from japan to iraq. now it's time to bring those skills home to a civilian job. it's a bigger task than you might think. that's where orion international, a military recruiting firm, comes in. >> i know there's a lot out there for me, i didn't know the scale of what was out there for me, as far as the different types of electrical jobs that are in the market. >> reporter: he's joined more than 100 other veterans in suburban baltimore for a hiring conference, where orion links employers with qualified job seekers from the military. each candidate here has about six job interviews. the challenge in those interviews is to take a resume full of military experience and help corporate emp

sylvia hall reports. >> reporter: while the economy added jobs in april, it wasn't nearly enough. for the second month in a row. >> the recovery continues, the private sector is continuing to generate jobs, but it's muted. >> reporter: professional and business services, including temporary workers, picked up the most jobs in april. t government lost jobs, so did the transportation and warehousing sector. >> inventories have been rebuilt, we don't need as much of that activity, some of those stocks are being drained and mafrers are rebuilding, rather than rebuild inventory. >> reporter: it's a sign of frustration many feel about job prospects. 342,000 people stopped looking for work in april. and fewer workers raised concerns about how much the recovery is slowing. but today's report is not seen as a sign of economic growth headed for a halt. >> the participation rate went down again, re ached a new low. that weakness in labor supply has been striking and continuing here for quite some time. >> reporter: sylvia hall, "nightly business report," washington. >> the omaha world herald

sylvia hall continues our week- long look at the summer job market. >> reporter: its early may, but 17-year-old william mckinnon's summer job is in full bloom. >> if you could sign for me, right there. >> reporter: it's his second year manning the cash register at this suburban washington plant shop, and he's one of about 150 employees working through the peak spring season. >> i've definitely learned a lot about just being responsible, you know, showing up to work on time every day, you know. >> reporter: but not everyone he knows is making the same commitment. >> a lot of my high school friends, they just don't want a job because they've got so many other things. you know, they're on sports teams or they're doing other stuff like that, they just don't bother looking for one. >> reporter: mary healey does the hiring here-- up to 50 new workers each spring, and high school students make up about half of them. this year, she noticed a 50% drop in applications across the board. and as high school students face growing pressure to volunteer, take summer courses, and keep up with extracurr

sylvia hall has the latest from washingt. >> reporter: j.p. morgan's trading loss could total $3 billion. $1 billion more than announced last week. the losses are mounting as corporate credit weakens and competitors take advantage of j.p. morgan's position in the trade. the impact of the bank's bad bet continues spreading in washington. c.e.o. jamie dimon has accepted an invitation to testify to the senate banking committee. the white house is pushing regulators to beef up the "volcker rule," a controversial piece of the 2010 dodd-frank financial reform. it's aimed at preventing banks from making risky bets for their own profits. but the banking industry maintains the rule could limit the trades they can make for their clients. today, the trade group american bankers association said j.p. morgan's mistake doesn't change their stance against the ban. still, regulators are under stepped up pressure. democratic senators jeff merkley and carl levin sent a letter to the nation's top baking regulators pushing for a strong rule, free of loopholes. th

sylvia hall breaks them down for us, from washington. >> reporter: the first piece of today's bad news comes from the private sector. payroll company a.d.p. found employers added 133,000 jobs in may, soundly missing economists estimates. also, april's number was revised down to 113,0, suggesting the private sector added fewer jobs in april than previously thought. adding to the trouble, initial jobless claims hit a five-week high last week, rising to 383,000. that's up by ten thousand from the week before. now this number is volatile, but take a look at the four-week moving average, a more stable snapshot of the job market. it's nearly 375,000, up slightly from the week before. this is the first time it's gone up in a month. while hiring is slow, firing may be picking up. in may, employers announced plans to cut almost 62,000 jobs, according outplacement firm challenger, gray and christmas. it was led by thousands of announced layoffs at hewlett- packard. its the highest since last september. all this grim data sets a somber tone for tomorrow's may jobs report. unless the numbers reall

will try to prevent how to prevent greece from derailing the global economy, as sylvia hall reports,hey will also be focused on helping the. >> president obama kicked off the g-8 weekend with a steed of hope for africa. >> announced an international alliance to promote food security there. >> 50 years ago africa was an exporter of food, there is no reason why africa should not be feeding itself. and exporting food again. there is no reason for that. >> the program begins in three countries, ghana, ethiopia and tandz any a, tanzania, all are looking for reforms in the private sector, they have offered up a total of $3 billion. 3 million come from dupont to help ethiopian farmers. >> the, its connection to new technology and how they integrate with the local farming community is an important part of it. >> over the long-term if the plan is successful it could help the growing global population. >> when you look at a global food economy that will have to double production to meet the needs of a population of 9 billion people by 24th, we know that africa is going to have to be a big part