The Unemployment Rate Drops By 0.2% In April To 3.6%

The Labor Department released it's statistics for April on Friday. The economy created 263,000 new jobs last month. Combined with a drop in the civilian work force of 490,000, that was enough to push the unemployment rate down -- from 3.8% in March to 3.6% in April.

Here are the relevant statistics for April:

CIVILIAN WORK FORCE:

162,470,000

OFFICIAL NUMBER OF UNEMPLOYED WORKERS:

5,824,000

OFFICIAL UNEMPLOYMENT RATE:

3.6%

DEMOGRAPHIC BREAKDOWN OF OFFICIAL UNEMPLOYMENT RATE:

Adult men...............3.4%
Adult women...............3.1%
Teenagers (16-19)...............13.0%
Whites...............3.1%
Blacks...............6.7%
Asians...............2.2%
Hispanics...............4.2%
Less than HS diploma...............5.4%
High School grad...............3.5%
Some college...............3.1%
Bachelor's deg. or more...............2.1%

MARGINALLY-ATTACHED UNEMPLOYED WORKERS (no longer counted):

1,417,000

MORE REALISTIC NUMBER OF UNEMPLOYED WORKERS:

7,241,000

MORE REALISTIC UNEMPLOYMENT RATE:

4.46%