Sentences with phrase «latest jobless rate»
The latest Jobless Rate Report came out, and it's not pretty either.
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And the improved job market will continue to push the jobless rate down to 5.4 percent by the end of next year, according to the latest forecast from the National Association for Business Economics (NABE).
The good news here is that the Federal Reserve has pegged its target interest rate to the unemployment rate, saying late last year that rates won't rise until the share of the jobless has fallen to 6.5 % (it is now 7.6 %).
The release showed the jobless rate for the state's 15 metro areas in November 2016 and November 2017, the latest data released by the department.
And when the U.K.'s latest jobs report was finally released, the pound jumped even higher as a knee - jerk reaction because the report looked good on the surface, with the jobless rate for the three months to September unchanged at a record low 4.3 % and the number of people who claimed unemployment benefits increasing only by 1.1 K in October, which is less than the expected 2.9 K increase.
The state jobless rate, which hit 12.2 percent in late 2010, has plummeted to 5.5 percent — not much greater than the state's historic low of 4.7 percent set in 2000.