The U.S. economy is in an economic malaise, with its unemployment rate rising to a new all-time high of 10.6% — the highest in more than two decades.
And as the economy continues to contract, the unemployment rate for non-farm jobs is nearly doubling, from 5.5% to 6.5%.
Yet the U.s. economy remains a powerhouse, with annual economic growth exceeding 6% for the first time since the Great Depression.
Here’s what you need to know about the U and the economy.
Unemployment Rate Rising to a New All-Time High The unemployment rate in the U, which is considered a proxy for the overall economy, is rising, up to 9.5%, the highest since September 2009.
But the unemployment level for nonfarm workers has increased slightly from a record low in September, when the labor market was recovering from the Great Recession.
The overall unemployment rate of 7.4% is still well below its peak of 8.9% in December 2007.
But since then, the U has been one of the most-productive economies in the world, outpacing the rest of the developed world by a wide margin.
The U’s economy grew by a whopping 6.3% in 2015, which would have been the highest annual growth rate since at least 1970.
In fact, U. S. GDP increased by more than 10% in each of the past six years.
Wall Street Has Been a Big Driver of Growth The most recent job gains in the financial industry have been driven by Wall Street.
In 2017, the S&P 500 index posted its biggest one-day gain since 2010, as the recovery from the financial crisis helped companies like Amazon.com and Apple Inc. boost their sales and hiring.
The Nasdaq composite index also added 0.7% last week, bringing its total gains to nearly 2%.
The Economy’s Growing in the Middle The economy is not just expanding, it’s also getting stronger.
For example, in the first quarter of 2018, the economy expanded by just 0.4%.
That’s a bit smaller than the 0.8% expansion the economy had in the fourth quarter of 2017, but a significant improvement.
That’s because, for the most part, the recovery has been faster in the middle of the economy, where people are spending more.
The economy added a solid 1.4 million jobs in the last quarter of 2019, and is expected to add nearly 3 million jobs by 2020.
The Middle of the Economy Has Been Growing Since 2010 There has been a slight drop in the number of jobs that have been created in the United States over the past five years.
In 2018, a total of 4.2 million people were working in the manufacturing sector.
That number dropped slightly in 2019 to 3.8 million.
But overall, the manufacturing industry expanded by 2.3 million jobs during that time.
That includes the 2.9 million jobs added in manufacturing in 2019.
And it is expected that manufacturing will grow even more as more and more companies are transitioning to digital manufacturing.
In 2019, companies added another 3.2 billion jobs in manufacturing, according to a report from the UBS Investment Research.
The job growth for the manufacturing and services sectors was also boosted in the year to date.
The Recovery is Still Weak For now, the job market is still growing, with an increase in average hourly earnings, but wages have not kept pace with inflation.
The median household income for all Americans was $57,000 in 2018, up slightly from $57.6 million in 2018.
But it still lagged behind inflation for all income groups.
The unemployment number is still high, but the economy is still strengthening.
According to a Congressional Budget Office report released earlier this year, the number that Americans need to be looking for in order to qualify for unemployment benefits has risen from 3.6 to 3,723,000 since September of last year.
Wall St. Has been the Driving Force of the Recovery While the recovery in the past has been strong, Wall Street has been the driver of the economic recovery.
The average annual growth in the Dow Jones industrial average over the last 10 years has been nearly 6%, which is the highest rate of growth in more decades.
The S&s average has also increased by almost 20% since the beginning of the recession, when its average was 1,066.
The Dow Jones index has also gained nearly 60% since its 2007 peak of 1,824.
This has allowed the Dow to reach record levels.
The index has nearly doubled its value since the start of the Great Financial Crisis, reaching record highs in 2013 and 2014.
Wall street has become an integral part of the U economy, which has created new jobs, boosted economic activity, and boosted consumer spending.
The Federal Reserve has continued to raise interest rates in an effort to boost the economy’s recovery, but Wall Street is still