As of September 2015, the unemployment rate in the United States was 5.1%. That's great news for workers, who benefit from a tighter labor market in a number of ways. Naturally, it is easier for workers to find a job when unemployment is low. Low unemployment also encourages employers to raise wages, while giving employees extra leverage in salary negotiations. Likewise, a strong jobs market means workers who are unhappy with their job have more freedom to leave and look for something better. Try SmartAsset's free retirement calculator. In other words, when the labor market is healthy, workers can worry less about merely having a job and think more about their long-term prospects. That can...
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