46.1k views
3 votes
Which unemployment rate do most economists consider to be acceptable in the United States?

User Yurisnm
by
8.6k points

2 Answers

3 votes
Most economists consider 5% to be acceptable.
User Andrzej Rehmann
by
7.1k points
1 vote

Most economists consider an unemployment rate of 5% to be acceptable in the United States.

This means, that out of the adult, working population of the country, only 5% do not have a job, while 95% are employed, either full-time or part-time.


According to the Bureau of Labor Statistics, unemployed people are defined as people 'who are available for work, have actively looked for a job in the last 4 weeks, but still have no work'


As of April 2018, the unemployment rate in the United States is 3.8%

User Soomee
by
7.8k points

No related questions found