The unemployment rate fell to 3.6 percent, the Labor Department said Friday, the lowest since 1969. Hiring was strong across most sectors with especially large gains in business services (76,000 jobs added), construction (33,000 jobs added) and health care (27,000 jobs added). "While the unemployment rate is the lowest since 1969, a better measure is to look at the unemployment rate that includes people working part time because they can’t find a full-time job. The African American unemployment rate is 6.7 percent, having ticked up since hitting a record low about a year ago. “The unemployment rate isn’t 3.6 percent for everybody,” said William Rodgers, chief economist at the Heldrich Center for Workforce Development at Rutgers University.

Source: Washington Post May 03, 2019 12:35 UTC