Highlights: BLS April Jobs Report
The Bureau of Labor & Statistics reports an unemployment rate of 3.9 percent in April, snapping a six-month plateau at 4.1 percent.
Nonfarm payroll employment rose by 164,000 in April, 2018. The industries to receive the most job gains were professional and business services (+54,000), manufacturing (+24,000), health care (+24,000), and mining (+8,000).
While the unemployment rate of adult men (3.7%) remained unchanged, the unemployment rate of women decreased by .2 percent to 3.5 percent. Unemployment among long-term unemployed (those who have been unemployed for 27+ months) accounted for 20% of the unemployed.
Average hourly earnings rose by $0.04 to $26.84. The average workweek remained unchanged at 34.5 hours.
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