US Unemployment Falls To 10-Year Low

The number of people in work or looking for a job held steady at 63% in March.

The US unemployment rate fell to its lowest level in a decade in March despite adding a smaller than expected number of jobs.

Employers added 98,000 jobs last month – far fewer than the 180,000 expected by economists.

However, the unemployment rate fell from 4.7% in February to just 4.5%. Anything under 5% is considered to indicate “full employment”.

The number of people in work or looking for a job held steady at 63% in March.