TSP Talk Blog

Nonfarm payrolls increased by 164,000 in April, vs 192,000 jobs expected

• The unemployment rate fell to 3.9 percent in April, an 18-year low, even as nonfarm payrolls rose by just 164,000, the BLS says.
• Economists surveyed by Reuters had expected payroll growth of 192,000 and the jobless rate to drop by one-tenth of a percent to 4.0 percent.
• The closely watched average hourly earnings number rose by 4 cents, equating to a 2.6 percent annualized gain, a shade less than expected.

https://www.cnbc.com/2018/05/04/non-...pril-2018.html

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