NFIB Weekly News

NFIB Weekly News

Business Climate

US Unemployment Rate Hovering Around 50-Year Low.


Axios (12/11, Levine) reported that “for more than a year, the US jobless rate has hovered right around 4% – including the last three months, when it’s been a mind-boggling 3.7%, a half-century low.” Axios wrote that “if these trends continue, they may begin to whittle away at some of the nation’s most stubborn problems – that millions of Americans have given up trying to find work after years of unemployment, and a vast number of jobless people lack sufficient skills for the quickly advancing economy.”

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