More Job Numbers Are Out - and They're YUGE

Patrick Hauf | June 5, 2018
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The economy is booming.

According to the Labor Department, this spring, the number of jobs available in the U.S. outnumbered the total number of unemployed Americans — marking the only known time this has happened since first recording the statistic in 2000.

By the end of April, job openings hit a record high of 6.7 million. Meanwhile, the number of unemployed Americans in April totaled 6.3 million, while the unemployment rate fell below 4 percent for the first time in 17 years.

This momentum continued into May, as the total number of jobs available outnumbered the number of unemployed yet again and the unemployment rate dropped to an even lower 3.8 percent -- the lowest rate since 2000. 

When it comes to available jobs, the profession with the most openings was business services at 1.3 million, with health-care and social assistance not too far behind at 1.1 million. 

With the Democrats hoping to strike back in the midterms, these flourishing economy number will surely help Republicans this election cycle. 

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