But even if you look at the last three years, the relationship is still a lot weaker than it used to be - the unemployment rate accounts for only about 30 percent of wage growth over that time. February's increase was trimmed to 324,000 from 326,000.
The report indicates another month of solid job gains for an economy that has been expanding for nearly nine years.
At first glance, it would appear that the labor market is tightening and giving workers a little more leverage with their employers.
Unemployment - which had stood at 4.1 percent since October 2017 - fell to 3.9 percent, according to Friday's report from the Bureau of Labor Statistics.
But for much of the expansion, many people have felt left behind.
The unemployment rate fell to 3.9 percent, the lowest since December 2000. However, hiring in April fell short of the projected 192,000 jobs added, according to economists surveyed by Reuters.
The dollar.DXY shrugged off the employment data, rising to its highest level this year against a basket of currencies.
While average hourly earnings have suggested only a gradual increase in wage inflation, other measures have been more robust.
Unemployment in the USA hit a post Great Recession landmark, according to figures released Friday, while a separate report showed increased factory orders but declining capital investment for new factory equipment. The number of discouraged workers was 408,000, a decrease of 47,000 from a year earlier. The average workweek for production and nonsupervisory employees on private nonfarm payrolls increased by 0.1 hour to 33.8 hours. A few companies are spreading the wealth: Walmart has increased its hourly pay rate, and American Airlines is paying out $1,000 bonuses.
Economists interpreted symmetric to mean policymakers would not be too concerned with inflation overshooting the target. Expectations are that the central bankers will hike interest rates three more times this year.
The drop in the unemployment rate came amid another decline in the labour force participation rate to 62.8%, the lowest since January.
Wage growth advanced by a modest 0.15%, or $0.04, in April compared with March. That's the lowest rate on record, and significant because black workers' unemployment is typically double that of whites. The economy added 164,000 jobs, which was the second consecutive sub-200,000 job month in a row. Hospitals added 8,000 jobs last month, down from 9,900 jobs in March. Over the past 12 months, the industry has added 518,000 jobs.
Payrolls for temporary help, seen as a harbinger of future permanent hiring, rose by 10,300 after falling by 2,100 in March. They also expected to see the unemployment level drop slightly.
The 17-year unemployment low is still steadily at 4.1 percent.
For UKIP , the highs of 2014 seem in the very distant past, with the party losing 84 seats by 6.30am and retaining just two. It leaves the group with its biggest ever representation on the council, a feat trumpeted by their leader Malcolm Cowan.
One of the first responders work the scene of an explosion and reported stand-off in North Haven, Conn ., Wednesday, May 2, 2018. A fire then burned other structures at the property; they were "mostly extinguished" by Thursday morning, police said .
Also present at the meeting was Conservative Party Chief Whip Julian Smith, there to explain the Parliamentary arithmetic. Both are fundamentally split, with each side strong enough to block a plan, but not to push one through.
Tiger Woods is thankful to return to competitive golf after lumbar fusion surgery alleviated pain from a damaged disc in his back. Tiger Woods is the main draw in an impressive field at this year's Wells Fargo Championship at Quail Hollow Club in Charlotte .
Salah was named the PFA Player of the Year in a ceremony in London 10 days ago and now boasts another major personal award. He also looks set to win the Golden Boot award to cap a stunning campaign on Merseyside.
In a series of tweets on Friday, he claimed the two analysts he cut off "were trying to justify their Tesla short thesis". Speaking to CNBC about the incident on Thursday, Sacconaghi suggested that Musk's behavior was a "worrisome sign".
According to several witness reports, the explosion was caused by some mobile phones being thrown into the fire, The Sun reported. Dramatic footage shows a fire about to be lit, as revellers sing in the background just metres away last night.
He boasts top-5 ranks in strokes gained: tee to green and birdies or better gained, and he is 9th in strokes gained: par 4's. They quickly chatted with each other and the fan's girlfriend, Andrea. "And after that, getting ready for Shinnecock".
Kim reiterated his commitment to denuclearisation during the talks with Wang, according to China's account of the meeting. Wang told Kim that North Korea had seized the day and made a decisive decision, bringing positive changes.
It was his second three-homer game in 2018 and fourth of his career, moving past Hall of Famer Ted Williams for the team record. Boston starter Drew Pomeranz was charged with three runs on eight hits and two BB over six innings of work.
Javid on Monday (Tuesday NZT) said that his "most urgent" task was to help those unfairly caught up in the Windrush fiasco. Labour's finance spokesman John McDonnell said: "You can smell the undoubted odour of a government decomposing ".
A look at the three Americans detained in North Korea
The North Korean defectors do not trust Kim's intentions and want to keep fighting for the rights of their former compatriots. The upshot was that previous year the USA and North Korea came the closest to war again since the Korean War (1950-1953).
FOMC Holds Rates Steady, Sees Inflation Near Target
They referred to the labour market as still strong, brushing off the weakness and concerns related to last month's labour report. One exception is Goodfriend, who has favored changes pushed by conservatives to limit the Fed's flexibility in rate decisions.
Amazon makes bid to spoil Walmart-Flipkart deal
According to a Bloomberg report , SoftBank is going to sell over 20 per cent stake in Flipkart at a valuation of $20 billion. Emails sent to Flipkart and Walmart did not elicit any response.
Russian Su-30SM Fighter Jet Crashes in Syria Killing Pilots
Moscow also runs a naval facility in the Syrian city of Tartus, which is similarly situated in the Arab country's west. According to that story, there was a violent roar at the moment of the impact of the military plane against the sea.
Samsung narrows profitability gap with Apple
Apple grew iPhone shipments by 3% year on year by maintaining its shipment strength in its key markets, the U.S. and China . For the first time in five years, smartphone shipments dipped below 100m in the first quarter of this year.
Guterres warns against scrapping Iran nuclear deal
At his briefing Monday, Israeli Prime Minister Benjamin Netanyahu stood beside a giant screen filled with two words: "Iran lied". Israeli soldiers take a break during a recent training exercise in the Golan Heights. "Plenty more in the archive", said Mr.
Tesla burns cash even faster as Musk seeks to calm investors
In the first quarter of the year, Tesla earned more money than ever before, with total revenues hitting a record of $3.4 billion. Instead, Mr Musk took questions from YouTube vlogger and journalist Galileo Russell who was listening to the call.
United States crude oil inventories increase as prices climb
The most likely path to rebalancing of the oil market is likely to involve a combination of some or all of these factors. But experience suggests such large imbalances between production, consumption and inventories are not stable for long.
US, China high-level talks begin to avert trade war
The Asian Development Bank's chief says trade in Asia, growing at a fast clip since 2017, could be disrupted if disputes escalate. China has responded by doing the same, largely focused on agricultural industries in the American heartland.
NZ unlikely to copy Scotland's alcohol pricing
At midnight tonight, new pricing rules to discourage problem drinking will increase the prices of alcohol in Scotland. Alcohol misuse costs Scotland £3.6 billion each year - that's £900 for every adult in the country.