The US unemployed reached 3.9% in April

May 5, 2018 10:58 pmComments Off on The US unemployed reached 3.9% in AprilViews: 10

US unemployedThe US unemployed reached 3.9% in April, down from 4.1% in March, the latest data being even below market expectations of 4%. Thus, state unemployment has reached its lowest level since December 2000. The number of unemployed decreased by 239,000 to 6.35 million and employment remained almost unchanged – 155.18 million.

The share of unemployed older women declined to 3.5% in April. However, the number of long-term unemployed remains unchanged – 1.3 million people, representing 20% ​​of the unemployed.

The average hourly rate of employees rose in April by 0.04 USD to 26.84 USD, or 0.1%, but this is below analysts’ expectations of growth of 0.2%. The employers in the US have created 164,000 new jobs in April, but this indicator for the country’s labor market is below the consensus forecast for 192,000 new jobs.

In the field of business and professional services, 54,000 new jobs have been created. Over the last 12 months, the industry has added 518,000 jobs. The employment in production increased by 24,000 in April. In the field of health care 24,000 new jobs and 305,000 annually were created.

After disclosure, the US bond yields declined to 2.914%.

Estimates of economists are by the end of the year to fall to 3.5%.

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