US Unemployment Rate Falls To Lowest In 18 Years
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2018-06-01 HKT 21:05
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The US unemployment rate fell to its lowest level in 18 years in May as hiring was far stronger than expected and the size of the workforce continued to shrink, the government said on Friday.
The jobless rate fell to 3.8 percent from 3.9 percent in April, the lowest level since April 2000, the Labor Department reported.
The economy added 223,000 non-farm jobs last month, stronger than the consensus forecast of economist, and better than the increase of 159,000 in the prior month. (AFP)
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