Geee Posted May 3, 2019 Share Posted May 3, 2019 CNBC The U.S. added 263,000 new hires in April, easily beating Wall Street expectations of 190,000. The unemployment rate fell to 3.6% vs. 3.8% expected and the lowest since December 1969. The U.S. jobs machine kept humming along in April, adding a robust 263,000 new hires while the unemployment rate fell to 3.6%, the lowest in a generation, according to a Labor Department report Friday. Nonfarm payroll growth easily beat Wall Street expectations of 190,000 and a 3.8% jobless rate. Average hourly earnings growth held at 3.2% over the past year, a notch below Dow Jones estimates of 3.3%. The monthly gain was 0.2%, below the expected 0.3% increase, bringing the average to $27.77. The average work week also dropped 0.1 hours to 34.4 hours. Unemployment was last this low in December 1969 when it hit 3.5%. At a time when many economists see a tight labor market, big job growth continues as the economic expansion is just a few months away from being the longest in history. Link to comment Share on other sites More sharing options...
Valin Posted May 3, 2019 Share Posted May 3, 2019 NNNOOOO! Link to comment Share on other sites More sharing options...
Valin Posted May 3, 2019 Share Posted May 3, 2019 Quote @ScottAdamsSays In 2016, if everything the Democrats believed had been true, we would have a depression, nuclear war, prison camps, and an insane Russian puppet as our president. In 2019, if Dems are right about everything they believe, Trump might have almost impeded a witch hunt but didn’t. 2:01 PM - 1 May 2019 Link to comment Share on other sites More sharing options...
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