The unemployment rate has fallen to the lowest percentage in more than five years, the Department of Labor announced Friday.
Unemployment fell from 6.7 percent in March to 6.3 percent in April. The U.S. economy gained 288,000 jobs, which the Labor Department says were gained across several fields, including professional and business services, retail and construction.
The figures were a mixed bag: on the one hand, the unemployment figure fell in part because the number of people seeking work also fell. Those not seeking work are not counted as unemployed.
But the number of jobs added in April was significantly higher than expected, and the largest number in two years--a sign that job creation is accelerating. It was also a positive indicator that the economy is recovering from a brutal winter, which had slowed growth over the last few months.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus