Friday, June 8, 2018

Employed

Unemployment, the percentage of people who want a job but haven't found one, is down to 3.8% in America as of the end of last month - great news. It hasn't been this low in 18 years, since 2000.

Also good is the growth of 2.7% in average hourly wages compared to last year

But the most spectacular number is 5.9% of black Americans who are unemployed. Why is that a good number? Because it is the lowest in the recorded history of black unemployment.

You could say this author at the NY Times is excited about our economic news:

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