Post lay-off season, 3.7% Americans are unemployed. What does this actually mean?
thread on unemployment rate
"Unemployment rate rose to 3.7%" - WSJ headline.
Is this good or bad? Does this mean 3.7% of Americans don't have a job?
Find out in under 2 minutes 🧵
Planning on writing more of such Econ made simple posts on Twitter. If this is something you’re interested in, give me a follow @rohailwkhan!