Comment on Economic Report: How high is the unemployment rate? One Wall Street firm says 21.7% — and it may be falling

Economic Report: How high is the unemployment rate? One Wall Street firm says 21.7% — and it may be falling

Trying to peg the U.S. unemployment rate during the coronavirus pandemic is like hitting a fast-moving target, but a Goldman Sachs “real-time” estimate put it at 21.5% in May — and it may be falling.

 

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