Unemployment rate is low

The lowest rates were in South Carolina, Utah and Vermont, where unemployment was just 2.3%. The jobless rate fell the most in Alabama and Colorado, the U.S. Labor Department said Friday .

The unemployment rate is defined as the percentage of workers who are unemployed and actively looking for a job, and at 3.6% one could argue it's too low. So why is the unemployment rate too low After all, the unemployment rate is just 3.7 percent, near its lowest level in almost 50 years. A low unemployment rate means the number of Americans actively seeking work is low relative to the population of active workers. A low rate has several important advantages for society at large, as well as for individual workers and business owners. The headlines write themselves: The unemployment rate has just fallen to an almost 50-year low of 3.6 percent, the economy has now added jobs for a record 103 straight months, and while wage gains are still slightly muted at only 3.2 percent over the past year, the largest of them are at least going to people with the lowest incomes.

11 Oct 2019 Canada's unemployment rate nudged down to a near four-decade low in September, seemingly shrugging off global signs of an economic 

At 3.9%,, the US unemployment rate is now the lowest since December 2000. At that time, wages were rising at +4.3% y/y, compared to just +2.6% y/y today. Unemployment in the U.S. was at 3.6% as of April 2019.  It was the lowest rate in the last ten years and shows the nation is recovering from the financial crisis of 2008. By way of comparison, The unemployment rate is 4.1% and still falling, yet as recently as 2014 the Fed thought the long-run unemployment rate would bottom at 5.4%. I think that those who have been surprised by this On Friday, the Bureau of Labor Statistics reported that the unemployment rate held steady at a historically low 3.5 percent in December. Since Feb. 2017, Trump's first full month in office, the

5 Oct 2018 The U.S. jobless rate dropped to 3.7 percent in September — the lowest since 1969, though the economy added a lower-than-expected 134,000 

13 Jun 2019 The unemployment rate is defined as the percentage of workers who are unemployed and actively looking for a job, and at 3.6% one could argue  3 May 2019 Long story short: One reason why unemployment rates are so low is that people aren't looking for a job. Civilian Labor Force Participation Rate.

12 Jan 2017 Either way, with significantly low unemployment figures, employers for employers facing a low unemployment rate in the overall economy:.

11 Nov 2019 Vermont and Maine have among the lowest jobless rates in the country—now some local employers can't find workers. 4 Oct 2019 added 136000 jobs. The unemployment rate fell to 3.5%, the lowest rate since December 1969. Jobs report: Unemployment at 50-year low  Using data based on the Current Population Survey, the source of official U.S. unemployment statistics, I calculate the unemployment rate of workers grouped by  5 Oct 2018 The unemployment rate dropped to 3.7 percent in September, a low not seen since 1969. The rate dropped from 3.9 percent in August,  19 Feb 2020 The unemployment rate in Quebec for 2018 stood at 5.1 per cent, representing an increase of 77700 jobs over the previous year. 7 Jun 2019 Canada's labour market continued its strong run of job gains, bringing the unemployment rate down to a fresh low and adding to evidence the 

6 Dec 2019 Low Unemployment Rate Contradicts The Truth: No 'Good Jobs' And Low Wages . Black unemployment may be among its lowest levels ever, 

U.S. Unemployment Rate Drops To 3.7 Percent, Lowest In Nearly 50 Years The jobless rate last month was the lowest since 1969, though the economy added a less-than-expected 134,000 jobs, the Bureau The unemployment rate dropped to 3.7 percent in September, the lowest since the Vietnam War. The economy added 134,00 jobs, fewer than expected because of losses from Hurricane Florence. Unemployment Rate in the United States averaged 5.73 percent from 1948 until 2020, reaching an all time high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May of 1953.

19 Feb 2020 The unemployment rate in Quebec for 2018 stood at 5.1 per cent, representing an increase of 77700 jobs over the previous year. 7 Jun 2019 Canada's labour market continued its strong run of job gains, bringing the unemployment rate down to a fresh low and adding to evidence the  Some observers claim that this low official unemployment rate, rather than being an economic miracle, is a statistical artifice hiding the real existing unemployment . 18 Jul 2018 The EU's unemployment rate has dropped to its lowest point in almost a decade, though joblessness still varies among the 28 countries that