The rate of unemployment in the United States reached a record low by the end of April, which is said to have the lowest rate of unemployment in the last 50 years. The unemployment rate dropped to 3.6%, and the month of April will be the 14th consecutive month to record an unemployment rate below 4 percent. While the drop in the rate of unemploy....Read more »
The latest data released by the Bureau of Labor statistics suggests that the jobless rate has gone down by 0.2 percent in the month of July.
In June the jobless rate was 7.6 and has fallen to 7.4 in July, the lowest rate since December 2008.
The private sector added 161,000 jobs in July. This sector was expected to add at least 195,000 jobs after a prior estimate of 202,000.
Most of the g....Read more »