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Unemployment is about where it was in 2017, which continued to drop all the way until 2020. So not as low as it was pre-pandemic, but objectively quite low, yes
by aksss 5y ago
Unemployment is about where it was in 2017, which continued to drop all the way until 2020. So not as low as it was pre-pandemic, but objectively quite low, yes. Doesn't take away from your point.
https://tradingeconomics.com/united-states/unemployment-rate https://tradingeconomics.com/united-states/unemployment-rate
- s1artibartfast 5y agoU-3 unemployment is a garbage metric for most applications because it ignores anyone who has given up or underemployed. U-6 is a much better metric that doesn't sweep these factors under the rug.