NPR: Unemployment Drops To 3.6%, 263,000 Jobs Added, Showing Economy Remains Strong

Betty Fernandez of Macy's department store speaks with a potential applicant about job openings during a job fair in Miami on April 5. Employers added far more jobs than expected in April — another sign the U.S. economy is chugging along as the expansion nears the 10-year mark. Joe Raedle/Getty Images

May 3, 2019 5:00 AM ET
SCOTT HORSLEY

U.S. employers added a better-than-expected 263,000 jobs in April, as the nearly decade-old economic expansion shows no signs of slowing. And the unemployment rate dropped to 3.6% — the lowest in nearly 50 years.

In March, the jobless rate was 3.8%. A monthly snapshot from the Labor Department showed solid hiring in services, construction and health care.

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Unemployment Drops To 3.6%, 263,000 Jobs Added, Showing Economy Remains Strong
Article Name
Unemployment Drops To 3.6%, 263,000 Jobs Added, Showing Economy Remains Strong
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U.S. employers added a better-than-expected 263,000 jobs in April, as the nearly decade-old economic expansion shows no signs of slowing. And the unemployment rate dropped to 3.6% — the lowest in nearly 50 years.