Unemployment Rate at 5.8%

Saturday, November 8, 2014

Today, the Labor Department reports that the unemployment rate fell to 5.8 percent.  That shows continued job growth through October with employers adding 214,000 jobs.  According to the report, despite the increase in jobs – Americans are not upbeat about the economy because wages have remained stagnant. The median family income in the United States has fallen back to 1995 levels.

 

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