Nation’s unemployment rate drops to four-year low
The nation’s number of employed rose in April, shrinking the nation’s unemployment rate to its lowest point in four years, officials reported today.
Total nation’s non-farm employment rose by 165,000 in April, pushing the unemployment rate to 7.5 percent, according to the Labor Department.
The agency also revised its employment numbers for February and March, showing job gains of 114,000 more than previously reported for the two months.
For March, job gains were changed from 88,000 to 138,000, and February was revised from 268,000 additional jobs to 332,000, the labor agency reported.
South Carolina reports its April unemployment numbers on May 17.
The Palmetto State’s unemployment rate dropped to 8.4 percent in March, down two-tenths of a percentage point from February.
Check postandcourier.com for more updates