US unemployment rate back to post-GFC low

06 December 2019

 

The US economy continues to produce more jobs despite being close to full employment. The unemployment rate has remained at or under 4% since April 2018 and the underemployment rate has been falling in trend terms. The latest employment report indicates the US economy is still producing jobs at a rate which is slowly grinding the US unemployment rate lower. According to the US Bureau of Labor Statistics, the US...

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