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US Unemployment Rate fell to 4.4%

Friday, May 05 2017
US Unemployment Rate fell to 4.4%

Total nonfarm payroll employment increased by 211,000 in April. Employment rose in leisure and hospitality, health care and social assistance, financial activities, and mining. In April, leisure and hospitality added 55,000 jobs. Employment in food services and places continued to trend up over the month (+26,000) and has increased by 260,000 over the year.

Both the unemployment rate, at 4.4 percent, and the number of unemployed persons, at 7.1 million, changed little in April. Over the year, the unemployment rate has declined by 0.6 percentage point, and the number of unemployed has fallen by 854,000.

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