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White House Blog

White House News: Wages Growing and Workers Continue to Move Off the Sidelines and into the Workforce - The White House

The Bureau of Labor Statistics (BLS) released its monthly Employment Situation Report, which showed continued evidence of a strong American economy. The unemployment rate remained at 3.7 percent for the third consecutive month and payroll employment continued its historic streak of positive jobs gains. These gains from the thriving labor market are widespread across many demographic groups.

The unemployment rate remains at its lowest since December 1969, and this is the fifth consecutive month that the unemployment rate has been below 4 percent. This is only the 12th time since 1970 that the unemployment rate has fallen below 4 percent, with seven of these occ...


Source:www.whitehouse.gov



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