JUST IN: The US economy added 263,000 jobs in April, according to the Bureau of Labor Statistics. The unemployment rate fell to 3.6%, the lowest level since December 1969.
Employers added 263,000 jobs in April, another surprisingly strong month of hiring.The unemployment rate fell to 3.6%, the lowest level since December 1969.Indications of strength of the labor market could be found throughout the report. The average hourly wage was up 3.2% compared to a year ago, well above the 1.9% rise in prices, meaning real gains in the paychecks of average workers. .
282051282051285%; } } Some of the strongest sectors for hiring included the construction industry, which added 33,000 jobs, and health care, which added 27,000 jobs. Restaurants and bars added 25,000 jobs.Read MoreA few sectors lost jobs, including the retail sector battered by store closings and automakers, who have been closing plants in the face of declining sales of some models.
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