The US unemployment rate held steady at 3.5 percent in December 2019, remaining at the lowest level since 1969 and in line with market expectations. The number of unemployed people decreased by 58 thousand to 5.75 million while employment rose by 267 thousand to 158.80 million. The labor force participation rate was unchanged at 63.2 percent. Unemployment Rate in the United States averaged 5.73 percent from 1948 until 2019, reaching an all time high of 10.80 percent in November of 1982 and a record low of 2.50 percent in May of 1953
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