Low Unemployment: The Bad News in the Good News

The unemployment rate fell to the lowest rate in decades, but there is still a long way to go to make up for the damage of the Great Recession and the decades of wage stagnation that preceded it.

by

The American Prospect depends on reader support

If you are scraping by right now, please don’t give us anything. But if you have the ability to support independent, non-profit journalism, we are so grateful. Your voluntary contribution helps keep this website paywall-free. There are many ways to give. You can use our one-time donation form. Or click to ActBlue, or PayPal, or even Facebook. You can browse our Prospect Perks page, and sign up as a subscriber with a range of benefits, including an opt-in to receive the print magazine by mail. Whatever works for you.

Click to View Subscriber Levels: IDEAS, POLITICS & POWER