June Jobs Report: What is unemployment rate? Current Unemployment Rate = 8.2% NEW YORK (CNNMoney) -- Hiring was lukewarm last month, with employers adding jobs but not enough to bring the unemployment rate down. The economy added 80,000 jobs in June, the Labor Department reported Friday, barely an improvement from the 77,000 jobs added in May. The current unemployment rate remained at … [Read more...]
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Unemployment Rate Drops To 7.8 Percent, North Dakota Retains Lowest Rate at 3%, Nevada highest with 12%
The Labor Department said on Friday that the unemployment rate dropped by 0.3 percentage point to its lowest point since January 2009 at 7.8%. It was the second-to-last report before the Nov. 6 election that pits Obama against Republican Mitt Romney. North Dakota retains the lowest unemployment rate at 3% while Nevada continues to struggle at 12%. Unemployment Rate by State Unemployment Rates … [Read more...]