U.S. Jobs Report Released – Unemployment Rate Low

by

FILE - In this Tuesday, Oct. 6, 2015, file photo, a military veteran, at right, talks with a veterans outreach representative about employment opportunities, at a job fair for veterans, in Pembroke Pines, Fla. On Thursday, Feb. 25, 2016, the Labor Department reports on the number of people who applied for unemployment benefits the week before. (AP Photo/Lynne Sladky, File)
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on email
Reading Time: < 1 minute

 

FILE - In this Tuesday, July 19, 2016, file photo, a job applicant attends a job fair in Miami Lakes, Fla. On Thursday, Oct. 13, 2016, the Labor Department reports on the number of people who applied for unemployment benefits a week earlier. (AP Photo/Lynne Sladky, File)

FILE – In this Tuesday, July 19, 2016, file photo, a job applicant attends a job fair in Miami Lakes, Fla. On Thursday, Oct. 13, 2016, the Labor Department reports on the number of people who applied for unemployment benefits a week earlier. (AP Photo/Lynne Sladky, File)

The latest U.S. jobs report makes it clear that Donald Trump will be inheriting the same two-track economy that plagued his predecessor. Hiring is solid, and the unemployment rate is low — but some long term problems persist. They include a stubbornly high number of men who are out of work and have given up looking. The jobless rate dropped from 4.9 percent to 4.6 percent last month, mainly because of those who are jobless but are no longer looking for work.

Source: AP

AURN Facebook Feed

advanced divider
advanced divider
Advertisement

NEWS