The share of prime-age workers with a job increased slightly in April, once again reaching a new high for this recovery. But it remains below pre-recession levels.
Wage growth for non-managerial workers continues to stagnate in the face of inflation near two percent.
Retail employment was muted in April, adding only 6,000 jobs, but that was a welcome change from declines in previous months.
As unemployment continues to decline, the share who’ve been unemployed for 15 weeks or more also continues to decline.
The increase in part-time workers who’d like to work full-time is abating, but the number of these workers is still above pre-recession levels.