The unemployment rate in the United States fell from 3.8% to 3.6% in April, the smallest figure in 49 years (since December 1969). A month in which 263,000 new jobs were created, the government reported this Friday.
The Us economy continues at a level close to full employment, and the creation of 263,000 new jobs shows the strength of the croché market, above the expectations of analysts. Who had anticipated about 217,000.
The average wage, on the other hand. Went up in March at 6 cents an hour, up to 27.77 dollars.
In the last 12 months, salaries have increased by 3.2%, at the same level as last month.
While the rate of participation in the workforce, i.e. the proportion of Americans who are employed or seeking employment, was reduced slightly in April to 62.8%, compared to 63% of the preceding month.
This has been the month number 103 in which employment grows consecutively in the U.S., the longest bonanza streak in the labor market that is recorded.
The Federal Reserve (EDF) has reiterated that it will show “patient” for future interest rate hikes in the remainder of the year following the weakness recorded in some of the economic indicators at the beginning of the year.
However, the most recent, such as unemployment and estimated first-quarter growth, which stood at a rate of 3.2%, put pressure on the Fed again to re-consider new monetary adjustments.
At its meeting this week, the central bank maintained interest rates in the range of between 2.25% and 2.5%.