One of the key variables that signal the current strength of the economy is the very low unemployment rate in the United States, but also in the UK. At an official rate of 3.6%, the unemployment rate in the United States hovers around levels last seen in the late 1960s. In the UK, you have to go back to the mid-1970s to find unemployment rates as low as today.
How exceptional are current unemployment rates?
How exceptional are current unemployment…
How exceptional are current unemployment rates?
One of the key variables that signal the current strength of the economy is the very low unemployment rate in the United States, but also in the UK. At an official rate of 3.6%, the unemployment rate in the United States hovers around levels last seen in the late 1960s. In the UK, you have to go back to the mid-1970s to find unemployment rates as low as today.