Unemployment Rate Masks Continued Weakness in the Job Market - Your Bottom Line NFIB Video

While recent declines in the unemployment rate are good news, about half of the decrease is from workers who've given up looking for a job - not a surge in the demand for labor, says NFIB economist Bill Dunkelberg in this "Your Bottom Line" episode. 3:32

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Fast Facts

  • At the peak of the boom, housing starts reached an annual rate of 2.2 million units.
  • At its lowest point during the recession, housing starts plunged to 500,000 units yearly, killing millions of jobs.

Your Bottom Line

NFIB's new web series, "Your Bottom Line," helps small business owners learn more about what drives the economy and how economic issues affect their businesses.

William Dunkelberg, NFIB's chief economist and one of the nation's top experts on small business, entrepreneurship, consumer behavior and consumer credit policy, hosts the series.

Look for a new video each week.

 

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