correction
A headline accompanying a previous version of this article incorrectly said the labor market was poised to reach a milestone for low employment. It should’ve said low unemployment. The article has been corrected.
The booming labor market is expected to extend a remarkable milestone in April, matching the last longest period of low unemployment on record.
Economists predict that the April jobs report, to be released by the Bureau of Labor Statistics on Friday morning, will show the unemployment rate holding at 3.8 percent, marking the 27th consecutive month of unemployment below 4 percent. This would match a low-unemployment period between 1967 to 1970, and close in on the longest period on record, between 1951 to 1953.
