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Unemployment is so low that companies have to poach
- Fjolsvith 8y agoWas there ever another time in US history when unemployment was this low?
- zaroth 8y agoIt actually hit 2.5% in 1953 under Truman. Since then the second lowest point was 3.4% in 1969. There was one month at 3.8% in 2000. https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com/public/XMI54AXH245SHE252UI3L2RVXM.jpg https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.c...
- coldtea 8y agoYes, and at times where they measured it properly, not like now (which hides a lot of unemployment and forced temporary work under the carpet).