6 Dec 2019 The US Bureau of Labor Statistics said 266000 nonfarm payrolls were created last month, pushing the unemployment rate to a historically low 3.5 Average hourly earnings rose 3.1% year-over-year in November, a slight to negotiate the structural issues it vowed to address in the yearlong impasse, In CBO's most recent forecast, the natural rate was estimated at 5.0 percent, The natural rate of unemployment is determined by frictions and structural rigidities 3.9. 3.6. 45 to 54. 3.1. 3.1. 3.1. 55 and Older. 3.0. 2.9. 3.0. Total, 16 and Older. 6 Dec 2019 The 3.5 percent unemployment rate is back at a 50-year low. “If you're going to build a structure, that's a substantial commitment,” Hamrick said. Over the past 12 months, average hourly earnings have risen by 3.1 percent,