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Friday, May 4, 2018

U.S. Unemployment Rate Drops Below 4 Percent


U.S. job growth increased less than expected in April. But the unemployment rate dropped to a near 17.5-year low of 3.9 percent. This is due to some out-of-work Americans leaving the labor force. The Labor Department’s closely watched employment report on Friday also showed wages barely rose last month. Non-farm payrolls increased by 164,000 jobs last month. Currently only 62.8 percent of Americans have a job or are looking for one. President Trump cheered the unemployment drop on Friday. He said, "The big thing to me was cracking 4." https://ift.tt/2HUbb8c http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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