Birdwatch Note Rating
2023-07-03 21:38:21 UTC - HELPFUL
Rated by Participant: C5B9E467AB9423E67D235BBF3360837C67048E30D2AD695C54AFCC73B518B96F
Participant Details
Original Note:
The unemployment rate in July of 2020 was 10.2%, with an additional 7.7 million not in the labor force but actively seeking employment. Current unemployment (as of May 2023) is 3.7%. The natural rate of unemployment in the US is about 4%. https://www.bls.gov/news.release/archives/empsit_08072020.pdf https://www.bls.gov/news.release/pdf/empsit.pdf https://www.nber.org/reporter/2021number2/long-run-trends-and-natural-rate-unemployment
All Note Details