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Charlie Bilello: U.S. unemployment rate stays below 5 percent for 60 months

Charlie Bilello: U.S. unemployment rate stays below 5 percent for 60 months
U.S. jobless rate below 5 percent streak

Charlie Bilello, chief market strategist at Creative Planning, highlights that the U.S. unemployment rate has remained below 5 percent for 60 consecutive months.

This marks the second-longest period in history, trailing only the 64-month stretch of low unemployment that began in the mid-1960s.

Bilello has previously discussed macroeconomic trends, including expectations for stronger U.S. GDP growth tied to stimulus measures. He has also reported that U.S. producer prices rose 5.4 percent over the last year. These observations reflect his ongoing focus on key economic indicators.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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