Markets.News
According to recent data, the unemployment rate in the country has dropped to 4.2%, the lowest it has been in the past decade. The economy added 250,000 jobs in the last month, exceeding analysts' expectations. This marks the 15th consecutive month of job growth, with the total number of employed individuals now standing at 160 million. Additionally, average hourly earnings have increased by 3.2% compared to the previous year, indicating positive trends in wage growth. These latest figures suggest a strong and improving labor market, providing optimism for the overall economic outlook.