How to find out whether you need to apply for unemployment benefits in 2019
The US unemployment rate has been stuck in a bear market for nearly two years.
While unemployment rates have fallen for several weeks now, the long-term trend remains the same: Americans are losing jobs.
The latest jobless rate to hit the US is 8.3%, which is far below the 10.7% peak reached in January of 2016.
The unemployment rate peaked in December of 2015 at 9.9%.
The rate dropped to 9.7%, and it remains below the historic peak reached just before the Great Recession.
It’s not just the numbers that are getting people worried.
A growing number of people are also getting jobless checks, meaning they are not applying for benefits at all.
In January, there were more than 9.5 million applications to unemployment benefits, a jump of more than 60,000 since last year.
And this is happening even though unemployment has been rising steadily since early 2016.
The jobless rates have dropped even more for older Americans, with the rate of joblessness for those aged 65-74 falling from 7.6% in December to 5.7%.
The jobless age group has been shrinking for years.
The job market for younger Americans is also shrinking.
This year, the unemployment rate for 18- to 29-year-olds fell from 6.9% in 2016 to 5%.
The unemployment rate also dipped slightly for Americans 65 and older, but the dip is still relatively large.
In 2017, the rate for the older age group fell to 8.2%, which was the lowest rate recorded in a decade.
In a press release, the Bureau of Labor Statistics also said that the unemployment rates for workers aged 25-54 are also at record lows.
The Bureau of Economic Analysis has also been reporting steady job growth since the year ended in March 2019, which is good news for Americans who are worried about their prospects for the future.
The US economy added 7.3 million jobs in January, up from the year before.
This is good for the job market and is encouraging the Federal Reserve to increase interest rates.
However, if the economy continues to add jobs at the rate it is now, there could be another bump in unemployment in 2019.
The Federal Reserve can raise interest rates if it believes that the economy is heading in the right direction, but there are concerns that the rate could fall if the labor market continues to slow.