The Paradox of the Dropping Unemployment Rate

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In February, the economy added 194,000 new jobs, and 216,000 in March.  That's good news. The unemployment rate is dropping faster than it should, from 8.9 percent to 8.8.  But economists had predicted that it would go up. Daniel Indiviglio writes about the "dismal science" for the Atlantic magazine.




Warren Olney