Unemployment Fell To 3.6 Percent In April, Lowest It’s Been In 50 Years

Joe Raedle/Getty Images North America

The U.S. economy added 263,000 jobs in the month of April, dropping the unemployment rate to 3.6 percent, the Labor Department said on Friday.

That’s the lowest unemployment rate the U.S. has seen since 1969. For the past year, unemployments rates have been at or just below 4 percent.

The average hourly earnings rose six cents in April as well, to $27.77, adding to a five cent increase in the month of March.

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