The economy added 211,000 jobs in April and the unemployment came down a tenth of a point to 4.4 percent, its lowest level since May 2007, according to the latest Labor Department report.
Nevertheless, the labor force participation rate remains at historic lows, actually falling a tenth of a point to 62.9 percent.
The job growth is more than twice what it was in March when only 79,000 positions were added.
“Job gains were driven by a surge in hiring in the leisure and hospitality sector as well as business and professional services,” Reuters reported.
Here’s an enthusiastic young reporter disingenuously giving Mika and Joe the bad news that President Trump has some good news.