Unemployment Rate Reaches a New, 8-Year Low

Unemployment rates in the United States and in Athens has reached a new low. Reporter Ryan Sander has the digital update for you.

The Bureau of Labor Statistics says the U.S’ current unemployment rate is 4.9%. That means out of 100 Americans, 4.9 of them are without a job. There’s good news though. 4.9 is the lowest national unemployment rate since February of 2008. Along with the national rate, Georgia is at 5.4%, and the Athens area is below the national rate at 4.8%.

To give you an idea on how long it has been since unemployment was this low..

  • the Hannah Montana movie was the highest grossing movie in theaters
  • Barack Obama and Hillary Clinton were the two most searched people on Google
    • Which makes sense, since the two were in a very close race for the Democratic Presidential Primary
  • Mitt Romney ended his first run at the presidency
  • And Low by Flor-rida featuring T-Pain was the number one hit on Top 100 Billboard charts

US unemployment rate is projected to go up at the end of this quarter, but only by .2%.

Tags:


Notice: Undefined offset: 0 in /var/www/html/gradynewsource/public_html/wordpress/wp-content/themes/onfleek/inc/df-core/views/df-content/df-post-layout-5.php on line 201

You May Also Like

UGA Tennis Teams to Host Two Weekend Tournaments

Athens, GA–The Georgia Bulldogs Men and Women’s tennis teams are gearing up for a ...

Student Housing Affects Revitalization of Hancock Neighborhood

Fourteen years ago when residents Miki Lu and Nathan Peters moved into the Hancock ...

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close