Expanded Unemployment Rate Breaks Record Low Amid Moderate Job Growth

Expanded Unemployment Rate Breaks Record Low Amid Moderate Job Growth
A worker at LB Steel LLC in Harvey, Ill., on Dec. 4, 2019. Scott Olson/Getty Images
Petr Svab
Petr Svab
Reporter
|Updated:

An expanded measure that gives a more complete picture of the American unemployment situation dropped to a record low in December with the help of moderate job growth.

While the unemployment rate remained at a 50-year low of 3.5 percent, it only captures those who looked for jobs in the past four weeks.
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Petr Svab
Petr Svab
Reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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