The job market hasn’t looked this promising in 20 years. That’s what the latest jobs report released today by the US Department of Labor is saying. After a stagnant March, the April jobs report is boasting an unemployment rate below 4% for the first time since 2000. Overall, the latest jobs report reflects a strong economy with last month edging us closer to nine years of consistent job gains.

1. UNITED STATES JOBS REPORT
APRIL 2018
MONTHLY OVERVIEW
The labor force participation rate increased to 62.8% and
the employment-population ratio was 60.3%.
Unemployment rate
by race
Unemployment rate by education
The jobless rate for adult
men was 3.7% and adult
women was 3.6%.
The unemployment rate
dropped to 3.9%.
164,000 new jobs were
created.
Job gains occurred in
professional and
business services,
manufacturing, health
care, and mining.
Average hourly wages
increased by $0.04 to
$26.84.
JOB GAINS BY INDUSTRY
Professional and
business services
added 54,000 jobs.
Mining added 8,000
jobs.
Manufacturing
added 24,000 jobs.
Health care added
24,000 jobs.
0%
2%
4%
6%
8%
Asians Blacks Hispanics Whites
0%
1.075%
2.15%
3.225%
4.3%
H
igh
school
Som
e
college
4+
years
college
Source: US Department of Labor
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