Friday, May 3, 2019

Unemployment Drops To 3.6%, Payrolls Up 263,000, Showing Economy Remains Strong

U.S. employers added a better-than-expected 263,000 jobs in April, as the nearly decade-old economic expansion shows no signs of slowing. And the unemployment rate dropped to 3.6% — the lowest in nearly 50 years.

A monthly snapshot from the Labor Department showed solid hiring in services, construction, and health care.

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