U.S. nears full employment

05 May 2017

 

The U.S economy took another step towards full employment in April when it created 211,000 new jobs. The unemployment rate is now at 4.4%, down from March’s 4.5% and well down on the 5.0% unemployment rate of April 2016. Hourly pay rose from USD$26.12 to USD$26.19 or +2.5% year on year. The median forecast of new jobs created was +190,000, while the unemployment rate was expected to rise to 4.6%...

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