What the Latest Jobs Report Means for Your Job Search
The latest jobs report brought mostly positive news for the workforce. The “official” unemployment rate, which is the total percentage of the civilian workforce that is unemployed, stands at 5.4%, the lowest it’s been in 16 years. Many experts consider the “U6” rate a more accurate assessment of unemployment, as it takes into consideration the number of unemployed workers as well as those who are under-employed and/or discouraged, but even that rate is improving, standing currently at 8.4%, the lowest rate our job market has seen in a decade.
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