US Unemployment Rate Rises

May 05, Kathmandu- The unemployment rate in the United States has increased modestly. The unemployment rate in the US has reached 3.9 percent.

Total Nonfarm payroll employment rose by 175,000 in April. Which is less than the average monthly profit of 242 thousand in the previous 12 months. In February, the unemployment rate rose to 3.9 percent. Which is the highest level for two years. It was 3.8 percent in March. According to the US Department of Labor, the unemployment rate has narrowed to 3.7 percent to 3.9 percent since August 2023.