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Unemployment Continues to Steadily Decrease in May 2017

Published June 16th, 2017 by Joseph

Unemployment Continues to Steadily Decrease in May 2017*
 

Unemployment [4.3%]
According to U.S. Bureau of Labor Statistics the unemployment rate has continued to drop from 4.4% to 4.3% in May, a 0.5% drop since January.

 

Job Openings: [211,000]

Jobs openings continue to increase to 259,000 new jobs in May from 211,000 in April displaying growth in the U.S.

 

Hire Rate [3.5%] & Quit Rate [2.0%]
 The hire rate (3.5%) has slightly declined from 3.6% in April and the quit rate has diminished to (2.0%) during May.

* All Data is from Bureau of Labor Statistics, U.S. Department of Labor online at www.bls.gov

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