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People in the News

Wednesday, August 13, 2025

People in the News

Wednesday, August 13, 2025

Unemployment rate falls below 7%

unployment

The unemployment rate declined from 7.0 percent to 6.7 percent in December, while total nonfarm payroll employment edged up (+74,000), the U.S. Bureau of Labor Statistics reported today. 

Employment rose in retail trade and wholesale trade but was down in information.