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U.S. unemployment rate at half-century low

By Bill at July 06, 2019 17:53
Filed Under: Immigration News

The U.S. economy added 224,000 jobs in June, surging past expectations and helping ease fears about the nation's economic health amid President Trump's trade war.

The unemployment rate inched up to 3.7 percent, remains near a half-century low. The rate increased because more Americans entered the labor force, meaning they found a job or are actively searching for one again.

Many companies say they are struggling to find enough workers to fill all their job openings as the unemployment rate has been at or below 4 percent for more than a year.

Jobs gains were broad-based, with professional services, health care, construction, transportation and warehousing all experiencing large bumps in hiring. Please visit our blog to see the detailed unemployment rate by occupation, age and gender.

Occupation Unemployment Rate
6/2016
Unemployment Rate
6/2019
Management 2.8 1.6
Business and financial operations 3.1 2.5
Computer and mathematical 2.2 1.5
Architecture and engineering 3.0 1.5
Life, physical, and social science 1.8 1.4
Education, training, and library 5.6 5.3
Healthcare practitioner and technical 1.4 1.5
click here to view all occupations by gender



President Trump called the jobs news "unbelievable," adding that "the military has a hard time getting people" because there is so much competition for workers. It is time for you to update your career profile and pitch potential employers now!