USA: unemployment is going down

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The unemployment rate in the USA in April has decreased at least the last ten years and amounted to 4.4%. The number of jobs in non-agricultural sector increased by 211 thousand: activity increased in the sector of leisure and hospitality, as well as in the field of services for enterprises. In March, the unemployment rate was 4.5%.

According to the official returns of the U.S. Department of labor, last week the number of Americans who first applied for unemployment benefits fell by 19 thousand and $ 238 thousand.

The Federal Reserve System of the USA which serves as the Central Bank may raise interest rates in June. The regulator said that considering the economic slowdown in the first quarter as a transient phenomenon and expects further improvement of conditions in the labor market and stabilization in inflation in the medium term at around 2%.