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The participation rate fell slightly, to 62.7 percent, while the real unemployment rate dropped to
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The participation rate fell slightly, to 62.7 percent, while the real unemployment rate dropped to 11.8 percent. October: 5.7 % - People returned to the labor force. The participation rate rose to 62.8%, and the real unemployment rate fell to 11.5 percent.
News about unemployment. Commentary and archival information about unemployment from The New York Times. NYTimes.com no longer supports Internet Explorer 9 or earlier.
Unemployment Rate Nears 18-Year Low. The unemployment rate dropped beneath 4 percent for the first time in nearly two decades.
Although America's unemployment rate is dropping sharply, its economy still has plenty of slack The Economist explains: Why American wage growth is so lousy Apr 13th 2015, 6:19 from The Economist ...
The unemployment rate in April was down to 3.6% in comparison to 3.8% in March, according to data from the Labor Department. (Spencer Platt/Getty Images) The U.S. saw surging job growth in April ...
The US unemployment rate stood at 3.6 percent in May 2019, unchanged from the previous month’s 49-year low and matching market expectations. The number of unemployed increased by 64 thousand to 5.9 million while employment rose by 113 thousand to 156.8 million.
Household Survey Data. The unemployment rate rose by 0.2 percentage point to 4.0 percent in June, and the number of. unemployed persons increased by 499,000 to 6.6 million. A year earlier, the jobless rate was 4.3 percent, and the number of unemployed persons was 7.0 million.
The youth unemployment rate was 10.0%, the lowest rate since comparable data became available in 1976. The labour force participation rate went down to 65.7 percent from 65.9 percent in the prior month, below market forecasts of 65.8 percent.
The unemployment rate is defined as the percentage of workers who are unemployed and actively looking for a job, and at 3.6% one could argue it's too low.So why is the unemployment rate too low?