WASHINGTON (TheBlaze/AP) — The unemployment rate no longer seems to reflect America’s mood.
Perhaps it’s because the people who do have jobs aren’t getting raises — and more than one-third of Americans aren’t even trying to find a job.
Friday’s strong jobs report showed that the jobless rate — the most closely watched gauge of the economy’s health — is down to 5.8 percent. A year ago, the rate was 7.2 percent. Five years ago, it was 10 percent.
Read the rest here...
http://bit.ly/1xuowIF
Perhaps it’s because the people who do have jobs aren’t getting raises — and more than one-third of Americans aren’t even trying to find a job.
Friday’s strong jobs report showed that the jobless rate — the most closely watched gauge of the economy’s health — is down to 5.8 percent. A year ago, the rate was 7.2 percent. Five years ago, it was 10 percent.
Read the rest here...
http://bit.ly/1xuowIF
RSS Feed