April 2019 Jobs Report
Summary from the AllSides News Team
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From the CenterU.S. Hiring Jumped in April; Unemployment Falls to 3.6%
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...
From the RightU.S. adds robust 263K jobs; unemployment at 49-year low: 3.6%
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...
From the LeftU.S. Added 263,000 Jobs in April; Unemployment Rate at 3.6%
The economy produced another strong month of growth, and the jobless rate fell to the lowest level of the recovery.
The Labor Department released the April data on hiring and unemployment on Friday morning, providing an up-to-the-minute snapshot of the economy.
263,000 jobs were created last month. Analysts had expected a gain of 190,000 jobs, according to Bloomberg.
The unemployment rate was 3.6 percent, the lowest in half a century. The rate was 3.8 percent in March.
Average hourly earnings rose by 0.2 percent, which follows an increase of 0.1...