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Economy

U.S. unemployment fell to 3.6 percent, lowest since 1969

The economy added a strong 263,000 jobs in April.

By
May 3, 2019 at 12:20 p.m. EDT
The United States has more job openings than unemployed people, a situation some economists call “full employment” since most job seekers are able to land a job. (Jenny Kane/AP)

The U.S. economy added 263,000 jobs in April, notching a record 103 straight months of job gains and signaling the current economic expansion shows little sign of stalling.

The unemployment rate fell to 3.6 percent, the Labor Department said Friday, the lowest since 1969. The official unemployment rate has been at or below 4 percent for more than a year.