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CNN Reports Jobless Rate in the United States is at a 16-Year Low

Following Friday’s job’s report, the United State’s unemployment rate fell to 4.3 percent.

The U.S. government released its May jobs report on Friday morning, which showed the economy added 138,000 jobs, and the unemployment rate fell to 4.3 percent.

“I want to talk here about the jobless rate – a 16-year low – the lowest jobless rate since 2001,” CNN’s Christine Romans noted.

“This is a level approaching what economists call full employment,” Romans said. “That means companies are going to start to really get hungry to find workers because you have an unemployment rate that’s so low.”