Economy

USA unemployment drops to the lowest level since 1969

USA unemployment drops to the lowest level since 1969

Hurricane Florence, the storm that made landfall along the mid-Atlantic US coast on September 14, caused widespread disruption for homes and employers but it was not possible to determine the extent to which this might have depressed the September jobs numbers, officials said.

According to the new method of calculation, the unemployment rate in Uzbekistan in January-June was 9.3 percent, Gazeta.uz reported with reference to the press service of the Ministry of Employment and Labor Relations.

"If the labor market were as tight as implied by the Fed's estimate of full employment, job growth this strong would likely place significant upward pressure on wages", Mickey Levy, chief USA and Asia economist at Berenberg Capital Markets in NY, said in a note.

The decline in the unemployment rate to a near 50-year low reflects the Household Survey's measured 270,000 decline in unemployment coupled with the 150,000 increase in the labor force.

Gano’s 63-yard field goal lifts Panthers over Giants
Reid said in a news conference last week he was undecided whether he would continue to kneel for the national anthem. The Panthers improve to 3-1 with the win, a critical win in the competitive NFC South, while the Giants fall to 1-4.

The September Employment Report was solid despite slower than expected job growth.

Just out: 3.7% Unemployment is the lowest number since 1969!

Job growth has accelerated this year after decelerating in three prior years. Job gains in July and August were revised up a combined 87,000 from the original reports.

Economists forecast another robust month of job gains.

Indian Astronaut May Pay A Short Visit to International Space Station
NASA Administrator Jim Bridenstine plans to meet Rogozin - their first in-person encounter - when he attends the launch. An air leak occurred due to a small hole in the spacecraft at the International Space Station at the end of August.

Job gains were noted in healthcare, up 26,000, transportation and warehousing, up 24,000, and construction, up 23,000.

Of the added jobs, 1,000 were full time and 2,300 were part time. Unemployment rates for women (down 0.1), Hispanics (up 0.1), Asians (down 0.1) and African-Americans (down 0.3) showed mixed changes. The U.S.jobs market also continues to show a relatively wide gender inequality, for like-for-like roles.

Some measures showed the labor market may still have some room for further improvement. Over the year, the unemployment rate and the number of unemployed persons declined by 0.5 percentage point and 795,000, respectively.

Scientists Find What Could Be A History-Making Moon
Still, further observations by Hubble are needed to fully confirm the existence of Kepler-1625b-i. The potential moon would be considerably larger than Earth - about the size of Neptune or Uranus.


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