Unemployment Rate Hits 53-Year Low

CNBC (02/03/2023) Cox, Jeff KEY POINTS The January jobs report showed nonfarm payrolls increased by 517,000, far higher than the 187,000 market estimate. The unemployment rate fell to 3.4% versus the estimate for 3.6%. That is the lowest jobless level since May 1969. Leisure and hospitality added 128,000 jobs to lead all sectors. Other significant […]