The unemployment rate, which has been below 4.2 percent since October 1999, edged down to 3.9 percent in April (seasonally adjusted). This is the first time the rate has been below 4.0 percent since January 1970.
The jobless rate for Hispanics decreased to 5.4 percent in April. The unemployment rates for the other major worker groups—adult men (3.2 percent), adult women (3.5 percent), teenagers (12.7 percent), whites (3.5 percent), and blacks (7.2 percent)—were about unchanged over the month.
The number of unemployed persons was 5.5 million.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unemployment rates in April at https://www.bls.gov/opub/ted/2000/may/wk2/art01.htm (visited January 28, 2023).