U.S. adds robust 263K jobs; unemployment at 49-year low: 3.6%

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

US employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and anticipate strong customer demand.

The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop partly reflected an increase in the number of Americans who stopped looking for work. Average hourly pay rose 3.2% from 12 months earlier, a healthy increase though unchanged from the previous month.

Friday’s jobs report from the Labor Department showed that solid economic growth is still...

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https://www.washingtontimes.com/news/2019/may/3/a-solid-us-job-gain-expected-for-april-amid-resili/

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