Great news!
Via NY Post:
Hiring in the United States rebounded in April as employers added a brisk 211,000 jobs, a sign that the economy’s slump in the first three months of the year could prove temporary.
The unemployment rate dipped to 4.4 percent — its lowest point in a decade — from 4.5 percent in March.
The figures suggest that businesses expect consumer demand to rebound after a lackluster first quarter, when Americans increased spending at the slowest pace in seven years, and will need more employees.
Still, average paychecks grew more slowly in April, increasing 2.5 percent over the past 12 months, below March’s year-over-year gain. Typically, employers are forced to pay more as they compete for a smaller pool of unemployed workers. Hourly pay gains are usually closer to 3.5 percent in a strong economy.