Progressive Causes Public date: 07.01.2020 00:04:06

Publisher: NY Times

Author:

12 Dec 2019

Low unemployment is misleading and not a sign of a strong economy

Federal reserve and the Trump white house have been pointing to the low unemployment to signal a strong economy, they were wrong. In their unemployment numbers they don't count people who have dropped out and have not found a job for 7 months or longer. Furthermore the wages, which usually go up in a strong job market have been stagnant. The economy is not as great as the politicians want you to believe.
Federal reserve and the Trump white house have been pointing to the low unemployment to signal a strong economy, they...

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