June 01, 2018
Indicating a tightening labor market, the U.S. unemployment rate dropped to 3.8 percent amid higher-than-expected payroll gains. That decrease brings the unemployment rate to its lowest point in 18 years, Reuters reported. “It’s a good report all around, it literally checks off all the right boxes,” RBC Capital Markets Chief U.S. Economist Tom Porcelli told […]
