World Economy

Unemployment Stable in US

Unemployment Stable in USUnemployment Stable in US

The March unemployment rate remained the same, yet once again the BLS survey in US showed another huge increase in those not considered part of the labor force anymore and as a result the figure hit a record 93.175 million high, NewsNow reported.  The official unemployment rate is 5.5%.  The labor participation rate is also 62.7% and remains at 37 year record lows.