Type to search

Data & Reports News Public Policy

Unemployment falls to lowest rate since 2000

TMA Media May 4, 2018
Share

The U.S. economy added 164,000 jobs in April, and the unemployment rate fell to 3.9 percent — the lowest point since 2000, federal economists reported Friday.

Among the 96% that are now employed nationwide, the average hourly wage rose by 2.6 percent year-over-year, maintaining a slow pace of growth, according to the Bureau of Labor Statistics.

Employment in manufacturing jumped by 24,000, mostly in the durable goods area.

More in the Washington Post HERE.

Tags: