Unemployment Hits Seven-Year Low

5.1%

The U.S. unemployment rate for August,down from 5.3 percent, the lowest since April 2008, ABC News reports. “The U.S. unemployment rate fell to a seven-year low in August as employers added a modest 173,000 jobs, a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates from record lows later this month.”

Connect:

Leave a Reply

Your email address will not be published. Required fields are marked *