US Economy Added 211,000 jobs in April

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Employment growth in the United States rebounded strongly in April and the unemployment rate fell to a 10-year low of 4.4 percent.

The figure would imply a strong recovery from the March downturn, when only 79,000 jobs were added, so that a better labor market could strengthen the argument for a price of the interest rates of the tables that approach a moderate salary increase.

Non-farm payrolls increased by 211,000 last month, the Labor Department said Friday, well above the 185,000 monthly premium this year.

Meanwhile, the unemployment rate fell 4.4 percent, its lowest level since May 2007.

Average wages grew at a slower pace in April -2.5% in the last 12 months. This may mean that companies still do not feel the pressure to raise wages to find the maintenance workers they need.

But the improvement of the labor market will eventually also raise wages.

Economists polled in a Reuters poll projected that the US economy would have created 185,000 jobs in April for an estimated unemployment rate of 4.6 percent.