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Jun 25, 2018 • 5 tweets • 1 min read
Unemployment in the United States is below 4%. The reduction in unemployment resulted partially from a fall in labor force participation, which hit a three-month low of 62.8%.
The Bureau of Labor Statistics expects the participation-rate reduction to continue, due to an aging US population. Therefore, the overall unemployment rate is likely to fall further, perhaps reaching 3.7% in 2019, according to FocusEconomics Consensus Forecast.