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May 03, 2019

April's Job Numbers Big As Unemployment Falls to 3.6%, The Lowest Level In Fifty Years

Unemployment hasn't been this low since people were still shocked we'd managed to land a couple of men on the Moon.

Stocks rose on Friday, rebounding from a two-day loss, as data showed U.S. job creation was stronger than expected in April.
The Dow Jones Industrial Average rose about 200 points, while the Nasdaq Composite climbed 1.1% higher and the S&P 500 also gained 0.7%....

The U.S. added a robust 263,000 new hires in April while the unemployment rate fell to 3.6%, the lowest since December 1969, according to a Labor Department report Friday. The nonfarm payroll growth far outpaced Wall Street expectations of 190,000 and a 3.8% jobless rate, according to Dow Jones estimates.

posted by Ace of Spades at 04:30 PM

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Stocks rose on Friday, rebounding from a two-day loss, as data showed U.S. job creation was stronger than expected in April. The Dow Jones Industrial Average rose about 200 points, while the Nasdaq Composite climbed 1.1% higher and the S&P 500 also gained 0.7%.... The U.S. added a robust 263,000 new hires in April while the unemployment rate fell to 3.6%, the lowest since December 1969, according to a Labor Department report Friday. The nonfarm payroll growth far outpaced Wall Street expectations of 190,000 and a 3.8% jobless rate, according to Dow Jones estimates. posted by Ace of Spades at 04:30 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments pawn (on his new laptop!!!): "So would you rather have him hanging out and messi ..." IRONGRAMPA: "Good morning, good people, from the Frigidrondacks ..." publius, Rascally Mr. Miley (w6EFb): " Darn, missed the solstice. It was at 09:21Z, 4: ..." Skip : "Have snow ground cover hete ..." 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