The Housing Chronicles Blog: Job growth rebounded to 164,000 in April, unemployment edged down to 3.9 percent

Friday, May 4, 2018

Job growth rebounded to 164,000 in April, unemployment edged down to 3.9 percent

Total nonfarm payroll employment increased by 164,000 in April, and the unemployment rate edged down to 3.9 percent, due mostly to the labor force shrinking by 236,000 as Baby Boomers step up retirement. Job gains occurred in professional and business services, manufacturing, health care, and mining.

READ MORE


No comments: