Commentary: The Unemployment Rate Does Not Offer Guidance Now

Commentary: The Unemployment Rate Does Not Offer Guidance Now

by Reuven Brenner   The Labor Department’s official unemployment rate—the most well-known gauge of the labor market’s health—counts as unemployed only those who aren’t working but are actively seeking a job. Yet there is very little that we can infer from the...
Biden’s Approval Hits New Low in FiveThirtyEight Tracker

Biden’s Approval Hits New Low in FiveThirtyEight Tracker

by Andrew Trunsky   President Joe Biden’s approval rating hit a new low of just over 43% in FiveThirtyEight’s polling tracker as he confronts multiple economic and legislative headwinds. Biden’s approval stood at 43.5%, and has steadily declined since July. His...