Unemployment rate approaches 3.5% in US

03 May 2019

 

The US economy continues to produce more jobs despite the being close to full employment. The unemployment rate has remained at or under 4% since April 2018 while annual increases in hourly pay have remained above 3% for seven consecutive months. The latest figures indicate the unemployment rate has been pushed even lower. According to the US Bureau of Labor Statistics, the US economy created 263,000 jobs in the non-farm...

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