Monthly data released this week of course included the positive jobs report and
the big decline in the unemployment rate.
Not exact matches
Particularly noteworthy
in recent months has been the performance of the labour market, with employment posting a series of
big increases and the
unemployment rate
declining to its lowest level since the 1970s.
Compared to a year earlier, the employment rate increased from 73.6 % to 75.6 %, and
unemployment declined from 8.5 % to 7.3 %, «marking the
biggest drop
in early graduate
unemployment in 15 years,» the two organizations stated jointly.
Over that same period, millions of American households experienced severe economic shocks, including
unemployment, large
declines in home values, and
big drops
in retirement account values.