The unemployment rate in the US has reached 3.6%, dropping to its lowest level in more than 49 years, figures released by the US' Labour Department showed. The US added 2.63 lakh jobs in April, with the professional and business services witnessing the highest increase in payroll. Average earnings in the US grew at an annual rate of 3.2%.

Nandini Sinha / 09:31 pm on short byon