It's still monthly if you're only looking at a single monthly point outlier (1 month happened to be the lowest in 2 years). If unemployment stays (or improves)

It's still monthly if you're only looking at a single monthly point outlier (1 month happened to be the lowest in 2 years). If unemployment stays (or improves) at this level for another month or two, then I'd start listening. Otherwise it's a blip.