Marketplace Logo Donate

Daily business news and economic stories from Marketplace

Here’s what full employment looks like

Subscribe to our Newsletters

Last night in his speech to Congress, President Donald Trump said 94 million people are out of the labor force. But according to the Bureau of Labor Statistics, that figure includes retirees, students, stay-at-home parents and other people who just aren’t looking for a job. The truth is, at 4.8 percent unemployment, the U.S. economy is close to reaching full employment. That means for many companies, it’s actually pretty hard to find workers to hire. 

Click the audio player above to hear the full story. 

What's Next

Latest Episodes From Our Shows

Listen
Sep 30, 2022
27:58
Listen
Sep 30, 2022
26:43
Listen
Sep 30, 2022
1:50
Listen
Sep 30, 2022
6:18
Listen
Sep 30, 2022
5:03
Listen
Sep 29, 2022
2:55
Listen
Aug 9, 2022
24:46
Exit mobile version