Economy Watch Weekly: Unemployment Rate Hits 20-Year Low

The U.S. economy experienced below-average job growth in May, adding only 138,000 jobs compared to the average of 181,000, according to the U.S. Census Bureau. However, the unemployment rate reached a new low of 4.3 percent for the month. Economy Editor Dees Stribling has the details on the latest jobs report.

CPERadioWhile the U.S. economy added only 138,000 jobs in May, compared the the average of 181,000 jobs per month over the last 12 months, the headline unemployment rate reached 4.3 percent for the month, a level not seen in almost 20 years, according to the U.S. Census Bureau. Economy Editor Dees Stribling breaks down May’s job growth by sector, and explains the impact on the commercial real estate industry, for the week ending June 2, 2017.