2024-04-04 14:20:00 ET
Summary
- The broadest measure of economic activity, growth in real GDP, slowed in the fourth quarter.
- The U-3 unemployment rate has edged higher from last April (3.4 percent) to February (3.9 percent).
- In a no-landing scenario, the unemployment rate would likely edge lower again as the demand for workers in an above-trend growth economy allows people to find employment more easily.
By David W. Berson, Ph.D.
The key points you should know
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For further details see:
U.S. Economic Review And Outlook Q1 2024