The Labor Department reported that 164,000 jobs were added in April, significantly short of the expected 193,000 jobs, but up from a weather-related slowdown the month before. The unemployment rate fell to 3.9 percent from 4.1 percent, marking the lowest rate since 2000. "We've continued to add jobs routinely every month for so long, and the unemployment rate we have reached is amazing," the chief economist of job search site ZipRecruiter, Catherine Barrera, told The New York Times.
U.s. Adds 164,000 Jobs In April, Unemployment Drops To 3.9 Percent
The Week - Business, The Week: Business
Fri, 05/04/2018 - 5:34am
BING NEWS:
- US Initial Jobless Claims Fall to Lowest Level Since April
Applications for US unemployment benefits unexpectedly fell by 6,000 to 213,000 last week, the lowest level since April, while continuing claims climbed a three-year high of 1.91 million. Michael ...
11/27/2024 - 7:37 am | View Link - US Initial Jobless Claims Decline to Lowest Level Since April
Applications for US unemployment benefits unexpectedly fell last week to the lowest level since April, illustrating a solid job market.
11/21/2024 - 12:32 am | View Link - More
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