According to ‘The Employment Situation‘ report released by the U.S. Department of Labor’s Bureau of Labor Statistics, the unemployment rate in the United States declined to 3.6%. while the economy added 263,000 jobs, in April.
The unemployment rate declined by 0.2 percentage point to 3.6 percent in April, the lowest rate since December 1969. Over the month, the number of unemployed persons decreased by 387,000 to 5.8 million.
Among the major worker groups, the unemployment rates declined in April for adult men (3.4 percent), adult women (3.1 percent), Whites (3.1 percent), Asians (2.2 percent), and Hispanics (4.2 percent). The jobless rates for teenagers (13.0 percent) and Blacks (6.7 percent) showed little or no change.
The change in total nonfarm payroll employment for February was revised up from 33,000 to 56,000, and the change for March was revised down from 196,000 to 189,000. With these revisions, employment gains in February and March combined were 16,000 more than previously reported.
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