• 09/21/2024

Why Did the Unemployment Rate Rise?

Wall Street Journal

One head-scratching development in the latest jobs report: The U.S. added 339,000 jobs—way more than expected—yet the unemployment rate also ticked up to 3.7%. The divergence can be partly attributed to two different surveys used to measure the strength of the labor force.

https://www.wsj.com/articles/why-did-the-unemployment-rate-rise-5d91dd9c