Be the first to like this.

2 comment(s). Last comment by KLCI King 2016-06-07 11:51

gwansoo

307 posts

Posted by gwansoo > 2016-06-07 10:39 | Report Abuse

The fall in unemployment rate is not due to more people have the jobs but it is due to more people have given up looking for jobs.

"Why did unemployment rate drop: Not for good reasons. More Americans stopped looking for work and fell out of the workforce. That means they aren't counted in the labor force and that brings down the jobless rate. In recent months, more Americans had been coming back into the job market. Now the trend appears to be hitting a plateau."

http://money.cnn.com/2016/06/03/news/economy/us-economy-may-jobs-report/

KLCI King

3,220 posts

Posted by KLCI King > 2016-06-07 11:51 | Report Abuse

Things can always have many sides, many positive and even more negative to talk about, see what you want to listen only. People tend to listen what they want to hear

Post a Comment
Market Buzz