Why Is Unemployment So Low?

On this podcast we keep trying to make sense out of this economy. It is confusing and there are numerous contradictory signals.

On today’s show we are taking a look at why there appears to be a labor shortage. We keep hearing about the so-called labor shortage and politicians and the Fed keep pointing to the historically low unemployment rate.

So where did all the people go? There was not a labor shortage before the pandemic, although we did have historically low unemployment even back in 2019.

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Host: Victor Menasce

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