The U.S. economy remained stable in the 2nd quarter of 2019. Jobless claims stayed low, average weekly wages increased by nearly three percent over the previous year, and the unemployment rate, after a slight tick up in Q1 2019, fell in Q2 to 3.6%, the lowest quarterly unemployment rate measured since 1969. Considering the record length of the current expansion, the health of the U.S. economy is remarkable.
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