A lot of experts like to hype unemployment numbers that represent record lows…
The total unemployment rate hovers under 4%. In April, reports sourcing the U.S. Bureau of Labor’s latest numbers showed a 6.6% unemployment rate for African-Americans and a 4.8% rate for Hispanics.
But these numbers don’t tell the whole story, as pundits and analysts so often point out. Just scratching the surface of BLS numbers show how complex the American work world is, what poor indicators generic unemployment numbers are, and how deceptive surface-level judgments can be.
Continue reading “What U.S. Unemployment Numbers Really Mean”
