288,000 New Jobs In April, Beating Expectations; Unemployment Down To 6.3%

It’s better than most economists predicted.

…the 288,000 figure for April was the best monthly increase since January 2012.

More telling is the average monthly gain in payrolls over the last year, which now stands at 197,000. So therefore, April’s data show a significant improvement over the longer-term average.

The monthly Labor Department report is based on two separate surveys, one of households, the other of establishments, including government agencies, and private-sector businesses like factories, offices and retail stores.

 

By: Alan

Alan Colmes is the publisher of Liberaland.