tom-rumble-7lvzopTxjOU-unsplash Unemployment is down. Mortgage rates are down. The stock market is up. are made as much.
The Economic Policy Institute, a nonprofit think tank in Washington D.C., has challenged the federal government’s unemployment rate because it does not include an estimated 2.9 million “missing workers” – those who the institute indicates are unemployed and have stopped looking because of.
Unemployment. The number of unemployed in a country usually was expressed in terms of the labor force, and it is called unemployment rate. The unemployment rate is a percentage and it is calculated by dividing the number of unemployed people by all individuals currently in the labor force.
Unemployment Rates Drop in Massachusetts While Remaining Steady Across the Nation. The national unemployment rate remained at 5 percent in april 2016. unemployment has lingered at this rate since September. In Massachusetts, statewide average unemployment is down, at 3.9 percent.
Between 2015 and 2016, state unemployment rates declined by as much as 1.2 percentage points in Massachusetts, and increased by a nation-leading 1.1 percentage points in Wyoming.