Happy Times for Professionals

Michael Mandel

According to today's jobs report, the unemployment rate for professionals in March was only 1.7%. That's the lowest level it has been since 2001.

(Professionals includes software engineers, architects, engineers, scientists, lawyers, teachers, artists, editors, writers, doctors, registered nurses, social workers, and more).

If we look at the 12-month moving average for the unemployment rate for professionals, that's down to 2.1%, also at the lowest level since 2001.

Before it's here, it's on the Bloomberg Terminal.