Is the Unemployment Rate Real, or What?
Throughout the campaign, Donald Trump called the unemployment rate “phony.” The White House is singing a different tune now that it’s hit a 16-year low during his presidency.
The Trump administration is touting the new jobs report from the Bureau of Labor Statistics. Indeed there is tout-worthy material. Although the pace of job creation has slowed, the unemployment rate is now at its lowest point since March 2001. Rather remarkably, it is lower now than in any single.
