Unemployment falls to lowest rate in four years, but is the sequester hampering the recovery?
UNDATED (NBC) -
In a surprise reversal of recent downbeat economic data, the government reported Friday that the jobs market is substantially healthier than many believed, even as other recent data point to a marked slowdown in April.
Employment rose faster than expected last month, pushing the jobless rate to a four-year low of 7.5 percent. Nonfarm payrolls rose 165,000 last month, the Labor Department said on Friday. Stock markets cheered the news as the Dow Jones industrial average crossed into record territory above 15,000.
The jobs report "will go a long way towards soothing fears of another spring slowdown," said Paul Ashworth, chief U.S. economist at Capital Economics. "All things considered, 165,000 isn't the biggest monthly gain in payrolls you'll ever see, but it's enough to assuage concerns that the economy had stalled again."
The future looks bright for student enrollment in the Elkhorn Valley School District.
The Elkhorn Valley School District serves Tilden and Meadow Grove in Nebraska. The district graduated just eleven students in 2014, but district officials say the numbers for the future look much brighter.More >>
The Elkhorn Valley School District serves Tilden and Meadow Grove in Nebraska. The district graduated just eleven students in 2014, but district officials say the numbers for the future look much brighter. More >>
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