US jobless rate at lowest since 1969 The U.S. unemployment rate fell from 3.8 percent to 3.6
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US jobless rate at lowest since 1969 The U.S. unemployment rate fell from 3.8 percent to 3.6 percent in April, its lowest level for more than 49 years. The economy added jobs in construction and professional and healthcare services. But jobs in retailing shrank by 12,000 as shoppers moved online.
How would you expect construction and professional and healthcare services to influence the actual and natural unemployment rates?
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If people who were previously unemployed fill the additional jobs in constru...View the full answer
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