The state of the American economy continues to improve

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Состояние американской экономики продолжает улучшаться

According to official data, the situation on the labor market in the USA in April has improved dramatically, the unemployment rate fell to the lowest level in the last ten years, have dispelled the alarm about the disappointing economic performance observed in the previous month.

The number of jobs increased by 211 thousand, unemployment fell to 4.4%, breaking below the projected level. Average hourly earnings rose 2.5 percent, to $ 26 84 cents.

The employment rate in the United States increased every month for nearly two and a half years, which allowed to almost completely neutralize the damage caused by the deep recession of 2008-2009. The largest job gains occurred in the coal and manufacturing industries is a priority for President trump, as well as in the hotel and tourism sector, education and healthcare.

Unemployment among white Americans in April was 3.8 percent among Asians is 3.2 percent, among Hispanic – 5.2% and 7.9% among African Americans.

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