07172018Tue
Last updateTue, 17 Jul 2018 6pm

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Manufacturing & The Economy

U.S. Adds 98,000 Jobs, Unemployment Rate Now 4.5%

The unemployment rate declined from 4.7% to 4.5% in March, the lowest it’s been since May 2007, and total nonfarm payroll employment edged up by a lower than anticipated 98,000, the U.S. Department of Labor reported today.

Employment increased in professional and business services and in mining, while retail trade lost jobs. Employment in manufacturing showed little or no change over the month. 

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