DigitalDrifter
Diamond Member
- Feb 22, 2013
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If unemplyment drops another 0.1%, unemployment will be the lowest since the 60's ![2up :2up: :2up:](/styles/smilies/2up.gif)
May job gains beat expectations, unemployment rate hits 18-year low
![2up :2up: :2up:](/styles/smilies/2up.gif)
The May jobs report is out and it’s a big beat.
This is the lowest unemployment rate since April 2000. If the unemployment rate drops another 0.1% it’ll be the lowest since the 1960s.
According to estimates from Bloomberg, nonfarm payrolls were expected to grow by 190,000 while the unemployment rate was forecast to remain at 3.9% in May.
May job gains beat expectations, unemployment rate hits 18-year low