November 3, 2017

THANKS, DONALD!:

Unemployment Rate Drops to 4.1%, Lowest Level in 17 Years (Ali Meyer, November 3, 2017, dAILY bEACON)

The unemployment rate for all Americans declined from 4.2 percent in September to 4.1 percent in October, the lowest level in 17 years, according to the latest data from the Bureau of Labor Statistics. The number of unemployed individuals dropped from 6,801,000 to 6,520,000 in October.

The unemployment rate measures the percent of those who did not have a job and actively looked for one over the month.

The "real" unemployment rate, otherwise known as the U-6 measure, declined from 8.3 percent in September to 7.9 percent in October. [...]

The labor force participation rate, which is the percentage of the population that has a job or actively looked for one in the past month, declined from 63.1 percent in September to 62.7 percent in October.



Posted by at November 3, 2017 11:15 AM

  

« THANKS, DONALD!: | Main | IT'S NOT ECONOMICS; It'S RACIAL HYGIENE: »