Unemployment rate drops to 3.9%, lowest rate since April 2000

The U.S. unemployment rate fell to 3.9 percent in April — the lowest it's been in 18 years — according to CNBC.

Non-farm payrolls rose by only 164,000 jobs in March, compared to a high of 324,000 in February. Professional and business services added 54,000 jobs — the most of any industry — while manufacturing and healthcare each added 24,000.

The year began with a 4.1 percent unemployment rate in January.

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