THE WALL STREET JOURNAL
ECONOMY - ECONOMIC DATA
U.S. Jobless Rate Falls Below 4% For First Time Since Late 2000
Unemployment dips to 3.9%, but wage growth remains sluggish even as labor markets tighten
U.S. unemployment has fallen to 3.9% for the first time since 2000, shortly before the economy overheated and fell into a recession. WSJ's Ken Brown explains what that tells us about today’s economic cycle and whether it is sustainable. Photo: Associated Press
By Josh Mitchell
Updated May 4, 2018 3:34 p.m. ET
WASHINGTON—Unemployment in the U.S. fell in April to one of the lowest levels of the post-World War II era, the result of a historically long jobs expansion that shows little evidence of slowing.
The jobless rate fell to 3.9% from 4.1% a month earlier, hitting the lowest level since December 2000, the Labor Department said Friday.
Stock prices...
READ MORE: https://www.wsj.com/articles/u-s-adds-164-000-jobs-in-april-unemployment-falls-to-3-9-1525437126
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