U.S. Hiring Jumped in April; Unemployment Falls to 3.6%

Posted on AllSides May 3rd, 2019
From The Center
jobs report, unemployment

Nation saw increased employment in professional business services, construction and health care.

American employers picked up the pace of hiring in April and the unemployment rate fell to a fresh half-century low, adding to signs of a healthy U.S. economy.

Nonfarm payrolls increased a seasonally adjusted 263,000 in April, the Labor Department said Friday. The unemployment rate fell to 3.6% last month, the lowest level since December 1969. Average hourly wages for private-sector workers grew 3.2% from a year earlier, matching the prior month’s increase.

Economists surveyed by The Wall...

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