U.S. employers stepped up hiring modestly in April, and the
unemployment rate fell to 3.9 percent, evidence of the economy's
resilience amid the recent stock market chaos and anxieties about a
possible trade war.
Job growth amounted to a decent 164,000 last
month, up from an upwardly revised 135,000 in March, the Labor
Department said Friday. The unemployment rate fell after having held at
4.1 percent for the prior six months largely because fewer people were
searching for jobs.
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