Surge in Women’s Employment Brings Unemployment Rate Down to 9.7 Percent
The index of total hours worked is below the November 1997 level. The unemployment rate fell to 9.7 percent in January, driven by a 0.4 percentage-point drop in the unemployment rate for women to 8.4 percent. The unemployment rate for men fell 0.2 percentage points to 10.8 percent. This drop came in spite of a …
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