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Could Unemployment Levels Reach a 58-Year Low?

Ricky Cove
Could Unemployment Levels Reach a 58-Year Low?

The latest US employment report indicated that the unemployment rate in the US has declined to an 18-year low of 3.8%. Another fall of a basis point is expected to take the unemployment level to a level not seen since 1960. The Federal Reserve has the mandate to maintain maximum employment.