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U.S. Department of Labor
USDOL
Unemployment Insurance Weekly Claims Initial claims were 208,000 for the week ending 4/27, unchanged from the previous week's revised level. Insured unemployment was 1,774,000 for the week ending 4/20, unchanged from the previous week's revised level. www.dol.gov/ui/data.pdf pic.twitter.com/Bl5shaUi5c
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Heather Long
byHeatherLong
April jobs report key takeaways: 1) This is a historic job market w/unemployment under 4% for 27 months 2) Hiring is good, but slowing 3) Healthcare is now the major industry hiring 4) Wage growth is above inflation 5) Signs of cooling = temp help decline, avg work week down pic.twitter.com/sGUHTDZpHJ
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Heather Long
byHeatherLong
The big picture: US unemployment has been below 4% for 27 months. That's an incredible stretch that hasn't happened since the late 1960s. Hiring has slowed in past year, but it's still encouraging: Labor force +1.3 million in the past year as more people look for work. # of… pic.twitter.com/w7QJBgWF4L
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Ben Casselman
bencasselman
U.S. employers added 175,000 jobs in April, a substantial slowdown from recent months. The unemployment rate ticked up to 3.9% but remained below 4% for the 27th consecutive month.. #jobsday Data: www.bls.gov/news.release/empsit.nr0.htm Full coverage: www.nytimes.com/live/2024/05/03/business/jobs-report-april-economy
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