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To the Point

The Paradox of the Dropping Unemployment Rate

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.

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By Warren Olney • May 12, 2014 • 1 min read

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.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Frances Anderton

    architecture critic and author

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

  • KCRW placeholder

    Daniel Indiviglio

    Atlantic magazine

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