Job growth ended 2018 on a powerful note, with the economy adding 312,000 new non-farm jobs in December. Unemployment rose to 3.9 percent as more people entered the job market and the labor force participation rate increased to 63.1 percent. A broader measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons held steady at 7.6 percent.
Is the economy truly booming? What’s going on beneath the surface? Prof. Wolff joins Loud & Clear to answer these questions.
Listen to "Does the Jobs Report Mean The Economy is Fine or Is Another Recession Coming?" on Spreaker.
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