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Why economists are struggling to predict jobs growth

Oct 8, 2024
The increasingly dynamic nature of the American economy since the COVID-19 pandemic has wrought deep changes.
Although economists are less inaccurate with their jobs growth predictions than they were earlier in the pandemic, some key indicators are still incongruent with our economic reality.
Michael M. Santiago/Getty Images

U.S. unemployment rate falls to 49-year low of 3.7 percent

Oct 5, 2018
America's economic expansion is now the second-longest on record, having already surpassed the boom of the 1960s.
A store advertises that they are hiring in lower Manhattan on June 1, 2018 in New York, New York.
Spencer Platt/Getty Images