National Unemployment Rate: 4.1% Feb. 2018 | 3.7% Nov. 2018 | 3.9% Jan. 2019
National Unemployment rate: 4.1% February 2018 | 3.7% November 2018 | 3.9% January 2019 (U.S. Bureau of Labor Statistics)
During last year, the unemployment rate and the number of unemployed persons declined by 0.4% and 641,000 respectively
“The job market has tightened significantly, and a tight job market tends to motivate employers to pay workers more. They won’t do this out of the goodness of their hearts. They will do this to compete for top talent, and they will do this to retain their best workers who have become dissatisfied after earning less than they feel they deserve.”