US unemployment rate hits new low

04 October 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 fallen under 7%. The latest employment report indicates the US is still producing enough jobs to accommodate an expanding population but annual increases in hourly pay have slowed. According to the US Bureau of Labor Statistics, the US economy...

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