good-news-is-bad-news scenarios so is it bad news is good ?#laliasia.finance
unemployment is bad full employment is also bad
Last week, the Labor Department reported that in March, the official unemployment rate hit 4.5%, the first time that’s happened in 10 years.
That’s good news, of course, because it means the economy is approaching what economists call “full employment.” (I’ll discuss some of the caveats later.)
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