Unemployment fell in April to the lowest level since 2000, signaling the continued strength of the U.S. economy as the longer-than-expected recovery stretches on. The U.S. unemployment rate fell to 3.9 percent last month, down from 4.1 percent in March, the Labor Department said Friday. Meanwhile, employers added a total […]
Tag: wages
Stagnant wages and job insecurity for Millennials drags homeownership rate to 19-year low
Stevie-Lynn Pickel and her fiancé, Adonis Smith, put money into a joint savings account whenever they can. The couple has a two-year plan: save up $35,000 for a down payment on a three-bedroom house, move out of the condominium they’re renting in Waterbury, Connecticut and then get married. “We want […]