'Jobs Market on Fire': Fox & Friends Reacts to New Unemployment, Hiring Numbers
Minutes after the March 2019 unemployment figures were released by the federal government, the hosts of "Fox & Friends" reacted to the strong report.
"The jobs market is actually on fire," FBN host Stuart Varney said. "The best I've seen in a generation."
Brian Kilmeade said that the unemployment rate remained steady since February at 3.8 percent.
The panel said that number is very close to historic lows.
During World War II, the unemployment rate wavered over and under two percent, hitting its post-war low of 2.5 percent in 1953.
Varney said employers appear to be "holding onto their workforce," noting that the rate of initial jobless claims -- which he nicknamed the 'firing rate' -- is at a 49-year-low as well.
Kilmeade noted that the department store chain Target raised wages for its workers without the government forcing it to do so, characterizing that as an example of a company trying to retain its employees.
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