(Bloomberg) -- The U.S. economy added 164,000 jobs in April, after an upwardly revised 135,000 advance the prior month, Labor Department figures showed Friday. The jobless rate -- which held at 4.1 percent for six months -- fell to 3.9 percent, the lowest since December 2000. Meanwhile, average hourly earnings increased 0.1 percent from the prior month and 2.6 percent from a year earlier, both less than projected.
To contact the reporter on this story: Sophie Caronello in Washington at scaronello@bloomberg.net.
To contact the editor responsible for this story: Brendan Murray at brmurray@bloomberg.net.
©2018 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
