To the Point

Unemployment Hits Four-Year Low

The economy gained more jobs than expected last month, and the unemployment rate is now 7.7 percent, the lowest since December of 2008. Construction was especially strong, although public sector employment continued to shrink. Catherine Rampell reports on economics for the New York Times .

By Warren Olney • May 12, 2014 • 1 min read

The economy gained more jobs than expected last month, and the unemployment rate is now 7.7 percent, the lowest since December of 2008. Construction was especially strong, although public sector employment continued to shrink. Catherine Rampell reports on economics for the New York Times.

Warren Olney
former KCRW broadcaster
Catherine Rampell
host of The Weekend on MSNBC

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National

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To the Point

Unemployment Hits Four-Year Low

The economy gained more jobs than expected last month, and the unemployment rate is now 7.7 percent, the lowest since December of 2008. Construction was especially strong, although public sector employment continued to shrink. Catherine Rampell reports on economics for the New York Times .

Share

To the Point

Unemployment Hits Four-Year Low

The economy gained more jobs than expected last month, and the unemployment rate is now 7.7 percent, the lowest since December of 2008. Construction was especially strong, although public sector employment continued to shrink. Catherine Rampell reports on economics for the New York Times .

Share