US Unemployment Rate - 2016

Feb 8, 2016 EconomicsTableUsa

The US Bureau of Labor Statistics published the unemployment figures for January, and the rate is low: 4.9%. It’s one of the lowest unemployment rates since the financial crisis of 2008. The rate is half of what it was at the peak in October 2009:

Even though this is very good news for the American people, the increase in wages is still sluggish. In the last quarter of 2015, the rate was 1.9%. It was around 3% before the crisis hit hard.

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