Birdwatch Note Rating
2024-10-26 14:55:29 UTC - NOT_HELPFUL
Rated by Participant: 38C366CC89CC59CC6F73CE915241828CC64FCFF13D4BD226E8B0CF761D82EC18
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