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Saturday, October 05, 2019

US Unemployment Rate Falls to Five-Decade Low of 3.5%

America’s unemployment rate fell to a 50-year low last month, dropping to 3.5 percent and matching a level last seen in December 1969, Alexandra Steigrad reports in the New York Post.

“A more encompassing measure that includes discouraged workers and the underemployed also fell, declining 0.3 percent points to 6.9 percent, meeting its lowest level in nearly 19 years and just off the all-time low of 6.8 percent.”

Furthermore, “the jobless rate for Hispanics also hit a new record low, while the level for African Americans maintained its lowest level ever.”

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4 comments:

Anonymous said...

And the Dems want to get rid of Trump. Shows how much they hate us.

Anonymous said...

TRUMP 2020
MAGA / KAG

Anonymous said...

Another reason to impeach Trump.
The beer is too cold and the daiquiri is too fruitiful!

Jersey boy said...

And that low unemployment rate in 1969 was artificial, because we probably had 700,000 to 800,000 draftees in the service that year!!!