Unemployment for workers without bachelor’s degrees fell to the lowest rate on record in May, according to Bureau of Labor Statistics data released Friday.
The extremely low joblessness for less-educated workers is a sign that the decadelong expansion is benefiting economically vulnerable people and is reaching workers at at the margins of the labor force.
The unemployment rate for workers over the age of 25 without four-year degrees fell to 3.4%, the lowest in records extending back to 1992, just barely beating out the marks set in the dot-com boom. The unemployment figures are adjusted for seasonal variation.
The interview concludes when Ramos asks about the Venezuelans who eat garbage. Venezuela has largely run out of food, the product of the government nationalizing most of the nation’s agricultural land and giving it to socialist cronies who have no experience in growing food. Maduro gave the military full control of the nation’s food supply and implement a program called the “fatherland card” to ration the food. Venezuelans also get free food through the Local Committees for Supply Production (CLAPs), who use the food to manipulate civilians into supporting Maduro. Those who reject socialism are left without food. As a result, an estimated thousands of Venezuelans dig through garbage to find something to eat.
Mexican President Andrés Manuel López Obrador hit back at President Trump in a public letter, decrying his plan to impose a 5 percent tariff on Mexican imports because of the administration’s border migrant crisis. “With all due respect, although you have the right to express it, ‘America First’ is a fallacy because until the end of times, even beyond national borders, justice and universal fraternity will prevail,”
he national seasonally-adjusted unemployment rate for Hispanics and Latinos in the U.S. labor force fell to a record low of 4.2% in April, U.S. Bureau of Labor Statistics (BLS) data released Friday show.
Employers added a booming 263,000 jobs, the Labor Department said Friday. The unemployment rate fell from 3.8% to 3.6%, lowest since December 1969, but that was because nearly 500,000 Americans left the labor force, which includes people working and looking for jobs.
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