Donald Trump’s senior economic adviser, David Malpass, likes to use the broader measure of unemployment U6 when talking about the nation’s jobless rate. But most economists believe U3 is a more accurate reflection of unemployment. It’s been the accepted measure since the 1930s.
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2016
7
Oct
2016
3
Jun
The Verizon strike impacted the jobs data. The U.S. economy only added a mere 38,000 jobs in May and the unemployment rate fell to 4.7%.
2016
3
Jun
The Verizon strike impacted the jobs data. The U.S. economy only added a mere 38,000 jobs in May and the unemployment rate fell to 4.7%.