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Peculiar USA unemployment rate


09 March 2019  

Time taken to read : < 1 Minute


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WASHINGTON: Unemployment rate in the USA is not worse despite the fact that many industries laid off their workers. Only 20,000 new jobs were added to the market last month while many companies had laid off workers.  However, the jobless rate fell from two tenths to 3.8 percent, its lowest level since October, according to the Labor Department report.

Meanwhile, hourly wages saw their biggest gains in nearly a decade, more evidence of the tight labor market.

Publish Date : 09 March 2019 14:42 PM

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