Skip to main content

Labor Markets

(PDF PDF icon)

Labor markets were strong in April. Payroll employment growth rebounded from minimal gains in March, and the unemployment rate rose slightly from the 29-year low reached a month earlier. Neither the Employment Cost Index nor hourly earnings indicated any substantial upward wage pressure.

Suggested citation: "Labor Markets," Federal Reserve Bank of Cleveland, Economic Trends, no. 99-05, pp. 11, 05.01.1999.

Upcoming EventsSEE ALL