Friday, December 2, 2016

Unemployment Rate Drops

 According to NPR, the US unemployment rate has dropped the most since 2007, from .3% to 4.6%. NPR says that ~4.6% is what economists consider "full employment". However, wages have dropped in the previous month when it was expected to increase, but on the US secured 178,000 new jobs last month. Economists are surprised by the unemployment drop, they expected it to stay steady at 4.9%. For feminists around the country, it's bad news. Because the majority of new jobs was given to males, increasing the employed male rate, the female and teenager rates remained the same.  Not fair right? It's 2016 where's the equality?

No comments:

Post a Comment