“Total nonfarm payroll employment increased by 164,000 in April, and the unemployment rate edged down to 3.9 percent.” the US Bureau of Labor Statistics reported this Friday.
• Average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to $26.84.
• Over the year, average hourly earnings have increased by 67 cents, or 2.6 percent.
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