“It’s a good time not to be ‘privileged,’ to borrow the political vernacular of our progressive friends. Friday’s labor report showed employers added 263,000 jobs in April as the unemployment rate dropped to 3.6%, the lowest in five decades. The best news is that the biggest beneficiaries of this tight labor market are the folks who struggled during the slow-growth Obama years,” The Wall Street Journal editorial board writes. “Many of the robust job gains came in businesses that hire those with less education. Construction added 33,000 jobs last month, for example, and has added 256,000 over the last year.” |
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