Unemployment Rate Drops To 3.8 Percent, Lowest Since 2000

[Dulcinea]

As the country has clawed its way back from the worst recession in generations, companies have been creating plenty of jobs. Employers added another 223,000 positions last month alone, the Labor Department said Friday. And the unemployment rate ticked down to 3.8 percent, the lowest since 2000.

The May increase in payrolls was stronger than economists had expected and topped April's revised 159,000 increase. Notably, the unemployment rate for African-Americans fell sharply to 5.9 percent in May, from 6.6 percent a month earlier.

https://www.npr.org/sections/thetwo-way/2018/06/01/615917917/unemployment-rate-drops-to-3-8-percent-lowest-since-2000

I'd like to see the numbers for people over 50.

[onecaliberal]

1. That is all about to change because if trump. Obama's policy is responsible for what's happening now

[beachbum bob]

2. until we see real wage growth, having a low unemployment isn;t helping working people at all

[Anonymous Bosh]

3. Helping the previously unemployed, I'd venture. But I hear ya'

[beachbum bob]

5. that great majority of working Americans have seen little

As a result of low unemployment...

[BigmanPigman]

4. Yeah but people have to work two jobs to equal

the pay of a single job 40 years ago (you know, when America was great and everyone was happy and getting along so well and this is what the older, white mostly male GOP voters keep going back to as a realistic future). People are living in their cars and working two jobs...this is reality! People over 65 have to work now...when was this the norm? No affordable healthcare and no livable wages are what the 99% get every single day.

[andytheteacher]

6. Workforce participation doesn't matter now?

Trump was the first to say these numbers were rigged during the election. Remember it was all about the workforce participation numbers? Now he's President....cashing in on Obama's policy accomplishments. I actually think the good times will continue for another couple years probably past 2020 elections....then Trump's policies will really kick in and we'll be in deep shit and our party will get blamed for it. Doh!