Birdwatch Note Rating
2024-10-26 13:31:37 UTC - HELPFUL
Rated by Participant: 36719FA8E6CA2F2671D439FA507E6E856140AC3A7ACFFC7B2627AD9E127CCA63
Participant Details
Original Note:
A unemployment rate of 4.1% is not “the lowest since 1968.” Unemployment has been lower several times within the last 4 years, including in 2019. The 2.2% inflation rate is within the last 12 months (excludes the 8.3% of 2022) and is still above the FOMC target of 2%. https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm https://www.federalreserve.gov/economy-at-a-glance-inflation-pce.htm#:~:text=What%20is%20the%20Fed's%20inflation,personal%20consumption%20expenditures%20(PCE).
All Note Details