Unemployment Rate Drops To 16-Year Low

By Team Writer / June 9, 2017

The U.S. Bureau of Labor Statistics reported a job loss rate in America fell 0.1%. This is the lowest it has been since May 2001. There are job gains in mining, quarrying, and oil and gas extraction. Gains have also been seen in health care and construction industries. Work week hours are averaging 34.4 and private non-farm payrolls rose to $26.22. Also, private-sector production and non supervisory employees payroll increased to $22.00. The country’s lowest unemployment rates were found in Ames, Iowa and Boulder, Colorado. The highest unemployment rates were found in El Centro, California

Unemployment Rate Drops To 16-Year Low

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