Friday, November 7, 2014

Unemployment down to 5.8 percent

Employment rose by 214,000 in October, and the unemployment rate fell to 5.8% according the last BLS report. The good news is that the labor force participation rate didn't change much since April. 
Hence, the employment-population ratio edged up to 59.2 percent in October, as can be seen above. Yep, still really low.
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