Why Too Low Unemployment Can Actually Hurt the Economy
whatitallmeans.substack.com
The idea of a high unemployment rate may seem daunting, especially for a developed country such as the United States. Thanks to the Coronavirus, the U.S. unemployment rate now sits around 11.1% in June, down 3.6% since its all-time high of 14.7% in April, but still far from the 3.5% seen earlier this year.
Why Too Low Unemployment Can Actually Hurt the Economy
Why Too Low Unemployment Can Actually Hurt…
Why Too Low Unemployment Can Actually Hurt the Economy
The idea of a high unemployment rate may seem daunting, especially for a developed country such as the United States. Thanks to the Coronavirus, the U.S. unemployment rate now sits around 11.1% in June, down 3.6% since its all-time high of 14.7% in April, but still far from the 3.5% seen earlier this year.