Unemployment falls to 3.8 percent, lowest level in 18 years

An excellent monthly jobs report this morning from the U.S. Department of Labor: the economy added 223,000 jobs in May, and unemployment fell to 3.8 percent. That’s the lowest rate of unemployment in the United States since 2000.

Real estate jobs, including rental and leasing, rose 3 percent over last month to over 2.2 million, according to the Labor Dept.