2nd-longest US expansion on record keeps churning out jobs
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May 4, 2018
WASHINGTON (AP) — The U.S. economy has delivered steady if only modest gains for most Americans since the Great Recession ended in 2009. It's been a frustration for many.
Yet the very sluggishness of the economic expansion helps explain why it's now the second-longest on record and why more of the country might soon benefit from higher pay.
Nearly nine years into the recovery, the job market keeps delivering: The government said Friday that employers added 164,000 jobs in April — the 91st straight month of hiring growth, the longest such streak on record. More tellingly, the unemployment rate...
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