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U.S. Unemployment Rate Matches Historic Low As Payrolls Rise

Jobless rate fell to 3.8% to match April 2000 as the lowest since 1969 Jun 1, 2018 (BE2C2) — Last month, the United States added 223,000 jobs beating forecasts and the unemployment rate matched its lowest level in five decades, the Labor Department said Friday. The Bureau of Labor Statistics said in its report employment edged up in the retail, healthcare and construction sectors. Retail trade added 31,000 jobs while manufacturing added 18,000. The construction industry, often a key contributor to U.S. workforce growth, gained 25,000 jobs. Healthcare jobs increasedRead More