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Ian Shepherdson of Pantheon Macroeconomics

US Unemployment Falls To 10-Year Low In April


U.S.President Donald Trump

Unemployment in the world's largest economy fell to the lowest rate in 10 years due to a strong rebound in job creation in April, bringing relief to Donald Trump after disappointing economic data early in his presidency.

After a slow March, when hiring likely was held down by a winter storm, the US economic engine added an estimated 211,000 net new positions while the jobless rate fell a tenth to 4.4 percent, the lowest since May 2007, the Labor Department reported Friday.

US Unemployment Falls To 10-Year Low In Aprilthe US economic engineElise Gould of the Economic Policy InstituteIan Shepherdson of Pantheon MacroeconomicsnormalizationCNBCMickey Levey of Berenberg Capital MarketsU.S.President Donald Trump

 

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