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U.S. Unemployment Rate Falls to Five-Decade Low of 3.5%

 

The White HouseWashington, D.C. – 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.”

United States President Donald J. Trump

United States President Donald J. Trump

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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