the u.s. economy has seen its job count increase every month the boom shows little sign of ending anytime soon according to the latest figures from the u.s. department of labor the u.s. unemployment rate has fallen to three point six percent the lowest since december nine hundred sixty nine since the end of the financial crisis unemployment has fallen steadily every year from a high of nine point nine percent in april twenty ten to the current historically low. although the u.s. economy had entered a prolonged period of job creation and growth long before he came to office in twenty sixteen president donald trump has been quick to take the credit analysts were staying focused on the economic slow suggesting the data shows the u.s. economy is not losing momentum our financial correspondent joins us now from new york hi and now do these numbers definitively mean that the earlier concerns over the u.s. economy's health were unfounded well at this point it clearly seems that we do not have to be concerned about recession any time soon a pretty healthy job numbers that we've got that does not necessarily mean that everything is picture perfect but those fears that spooked the markets

the u.s. job market shattered expectations in april. the labor department reported that u.s. employs added a net 263,000 jobs last month. meanwhile, the unemployment rate fell to a five-decade low of%, down from 3.8%. wages rose 3.2% over last year. the president's top economic comeder, larry kudlow, w the robust jobs report today outside the white house. >> the strength in jobs and wages is coming from the middle and the lower middle. it's the blue collars. it's what i call main street.re and to ie in wages, similarly-- not the level, mind you, but the increase-- is much faster than white collars. >> woodruff: today's better- than-expected jobs report sent stocks soaring on wall street. the dow jones industrial average gained 197 points to close at. 26,5 , the nasdaq rose 127 poind ree s&p 500 added 28. also today, vicedent pence joined president trump in calling for the federarve to lower interest rates on unt of the strong econom president trump spoke by phone with russi president vladimir putin today, for more than an hour. he said they did not discuss tential russian meddling in the 2020 elections. but mr. trump told reporters in the oval office the two did lspeak about speci