(We hadn’t yet landed on the moon and Woodstock was still a few months away. Before this year, the last time the jobless rate reached a figure this low was May 1969. Now, it’s 3.4% - a level the United States did not reach at any point throughout the 1970s, 1980s, or 1990s. While the unemployment rate isn’t my favorite metric, it’s worth noting for context that in January 2021, when President Joe Biden was inaugurated, the unemployment rate was 6.3%. The unemployment rate was 3.4% against an estimate for 3.6% and tied for the lowest level since 1969. Nonfarm payrolls increased 253,000 for the month, beating Wall Street estimates for growth of 180,000, according to the Bureau of Labor Statistics. The main character is 17-year-old Cassia Reyes, who is Matched with her best friend, Xander Carrow. The novel is a dystopian young adult novel about a tightly-controlled society in which young people are 'matched' with their life partners at the age of 17. Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday. Matched, by Ally Condie, is the first novel in the Matched trilogy. As it turns out, according to the new report from the Bureau of Labor Statistics, those projections turned out to understate what appears to be an extension of the hot job market. Expectations heading into this morning showed projections of about 180,000 new jobs having been added in the United States in April.
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