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'Hello Sub-4% Unemployment' — Economists React To April Jobs Report On Twitter

Nonfarm payroll employment increased by 164,000 jobs in April, the U.S. Bureau of Labor Statistics reported Friday, marking the country's 91st straight month of employment gains.

The unemployment rate fell to 3.9%, the first time it has gone below 4% since 2000. The unemployment rate had been at 4.1% for six consecutive months.


One economist called the jobs report "relentlessly, boringly, predictably good news." Another pointed out the dip below 4% was more the result of a shrinking labor force than jobless workers being hired.

Following are additional reactions from economists and others on Twitter.