Full Employment: Are We There Yet? : Planet Money : NPR

4.55

4.55

Today’s Planet Money indicator is 4.55 percent. The Federal Reserve pronounced only this afternoon that a American economy is during full practice when a stagnation rate is 4.55 percent.

The Fed updates this guess each few months. And for years, it’s been removing a series wrong.

Today on a show, what is full employment, because is it so tough to pin down, and many importantly, are we there yet?

Music by Drop Electric. Find us: Twitter/ Facebook.

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