The unemployment rate has dropped to 4.1 percent, according to a report released today by the US Bureau of Labor Statistics.
The numbers are down from the 5.4 percent unemployment rate in November, which is a far cry from the previous record of 8.1 million jobs created in the first quarter of 2019.
However, the data is still below the 3.1 percentage point unemployment rate that was set in October.
This means that the unemployment data will continue to fluctuate as employers decide whether to hire or not, which could lead to a spike in the number of unemployed people.
It’s important to remember that the labor market still hasn’t fully recovered from the Great Recession, so we still haven’t seen the full recovery.
This is why the unemployment numbers are still volatile and likely to continue to change as the economy recovers.
Read moreThe report comes as a huge boost to President Donald Trump’s efforts to boost the economy, but some economists are worried that the number may be underestimating the number and that it’s a misleading measure of unemployment.
“It’s probably not as accurate as we think,” said Michael Reich, a professor at the University of Michigan.
“The headline number might not be quite as accurate in some places as it is in others.”
The Bureau of Labour Statistics released the report today to coincide with the first full quarter of employment data from the Bureau of Economic Analysis (BEA), which will provide a broader measure of the unemployment problem in the United States.
The BEA estimates the labor force participation rate to be 66.7 percent.
That is the number that the Bureau uses to measure joblessness, which has been falling since the recession ended.
Reich said that while the data released today may be accurate, the underlying problem remains the same.
“There are lots of people who have been out of work for a long time, and that means there’s not enough people who want to work,” he said.
“In order to get them back into the labor supply, you need more job openings.
So there’s still a lot of unemployment out there.”
Reich said the data also fails to capture the long-term effects of the recession on people’s employment, which can be difficult to accurately measure.
“The unemployment rate is one way of measuring long-run economic activity, but it’s not the best way to measure it because it depends on the way you measure it,” he added.
“It’s a very complex measurement.
The long-time unemployment rate tells you how much unemployment there has been over a certain period, but what’s more important is how many people are out of the labor pool, how many of them are still unemployed, and how many are actively looking for work.
We know that the long term unemployment rate of 6.3 percent, which I think is the level that most Americans want to see, is a very low level of unemployment, and it’s also a very high level of employment.”
The unemployment report is part of the government’s monthly jobless claims survey.
Last month, the government reported that 8.7 million Americans were unemployed, down from 8.9 million a month earlier.
This month, there are now 8.3 million people out of a job, down slightly from 8 million a week ago.