Chicago Fed Reports U.S. Jobless Rate at 4.35% in October
The unemployment rate has remained nearly unchanged since August, according to revised data from the Federal Reserve Bank of Chicago.
Summary
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Terms & Concepts
Unemployment Rate: The percentage of the labor force that is jobless and actively seeking employment.
Federal Reserve Bank of Chicago: One of the 12 regional Reserve Banks in the U.S. Federal Reserve System, serving the Seventh Federal Reserve District.