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U.S. Gains 223,000 Jobs In April, unemployment 5.4% Stock Futures Jump !
FYI: The U.S. economy created 223,000 new jobs in April, rebounding sharply after a revised 85,000 gain in the prior month. The increase in jobs and more people entering the labor force tugged the unemployment rate down to 5.4% from 5.5%, marking the lowest level since May 2008, the Labor Department said Friday. Regards, Ted http://www.marketwatch.com/story/us-gains-223000-jobs-in-april-unemployment-54-2015-05-08/print
Comments
"The labor-force participation rate edged up to 62.8% from 62.7%."
What was the normal LFP rate from past years?
https://ycharts.com/indicators/labor_force_participation_rate
http://m.research.stlouisfed.org/fred/series.php?sid=CIVPART&show=chart&range=max&units=lin