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Economy added 263,000 jobs in April; unemployment falls to lowest level since 1969

Economy added 263,000 jobs in April; unemployment falls to lowest level since 1969 | 03 May 2019 | The economy added a healthy 263,000 jobs in April, firmly beating analyst expectations of 190,000, according to Friday’s monthly snapshot from the Department of Labor. Wall Street reacted positively to the jobs report, with the Dow Jones Industrial Average gaining 160 points at market open on Friday. The nation's unemployment level fell to 3.6 percent, the lowest since December 1969, and average hourly earnings grew by 0.2 percent, for an annual gain of 3.2 percent, according to the Bureau of Labor Statistics.