The United States unemployment rate dropped to 4.3% last month, the lowest in 16 years, the US Labor Department has said.
Employers added 138,000 jobs, weaker than economists expected, and
unemployment declined in part because fewer people were looking for
work. Job gains for March and April were revised lower.
unemployment declined in part because fewer people were looking for
work. Job gains for March and April were revised lower.
Still, the 4.3% unemployment rate is the lowest since May 2001. It
marked the 21st consecutive month that unemployment has been at or below
5%.
marked the 21st consecutive month that unemployment has been at or below
5%.
CNN
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