Four-Month Job Increase Highest in Ten Years
According to Table A for the Household Data in today's BLS employment report (historical data here), civilian employment based on the household survey increased by 550,ooo jobs in April, the largest monthly increase since a 598,000 increase in November 2007. Over the last four months, employment has increased by 1,663,000 jobs, which is the largest four-month job increase in exactly ten years, going back to a 2.7 million four-month employment increase in the first four months of 2000 (see chart above).
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