News about economy

These are the April unemployment rates by race. These figures change frequently month-to-month and the department tracks the trends. www.bls.gov/news.release/empsit.nr0.htm #JobsReport pic.twitter.com/kUTItt4OKu

🧵 The economy added 175,000 jobs in April, including gains in health care, social assistance, and transportation and warehousing. The unemployment rate was 3.9%. www.bls.gov/news.release/empsit.nr0.htm More #JobsReport highlights ⤵️ pic.twitter.com/XSn0gd3Hgi

Job openings and quits both fell in March as a wide range of labor market indicators are consistent with a cooling economy--and a labor market that, broadly, is like where it was in 2019--with lower quits but higher openings (with a question of whether openings were trending up). pic.twitter.com/6fjPOvlGBB

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