Economy at Milestone Unemployment
April brought the economy 164,000 jobs, and 3.9 percent unemployment—below 4 percent, and the lowest rate in roughly 20 years.
Though the additional jobs were less than predicted, the figure is promising, analysts say.
“The U.S. labor market continues to tighten, although job growth in April was 164,000—a little below expectations,” said Gad Levanon, chief economist, North America, for The Conference Board, a consumer confidence measurer, in a statement.
“The tighte
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