The U.S. unemployment rate dropped to 4.3% last month, the lowest in 16 years, the Labor Department said Friday.
Employers added 138,000 jobs, weaker than economists expected, and unemployment declined in part because fewer people were looking for work. Job gains for March and April were revised lower.
Still, the 4.3% unemployment rate is the lowest since May 2001. It marked the 21st consecutive month that unemployment has been at or below 5%.
----------------------------------------------
Get complete coverage of breaking news on CNN TV, CNN.com and CNN Mobile.
Watch CNN live or On Demand from your computer or mobile device using CNNgo.
----------------------------------------------
You have opted-in to receive this e-mail from CNN.com.
To unsubscribe from Breaking News e-mail alerts, go to: http://cnn.com/EMAIL/breakingnews/unsubscribe.html?l=domestic-adh-bn
One CNN Center Atlanta, GA 30303
(c) & (r) 2016 Cable News Network
No comments:
Post a Comment