5 years ago
1
The Unemployment Rate Is Meaningless. Here’s What You Should Look at Instead.
The U.S. unemployment rate dropped to 3.9 percent in April, the Bureau of Labor Statistics reported today, a point not seen since the bubbly, waning days of Bill Clinton’s presidency. Yet, while the labor market seems to be getting tighter by the month, wage growth is still tepid and doesn’t seem to be accelerating.
Continue Reading
https://slate.com
Join the Discussion
Thanks for a very informative article. I’ve heard for years that there is a major discrepancy between what the U.S. Bureau of Labor Statistics reports about unemployment and the “real” unemployment rate.