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The Conversation USA

Why the unemployment rate will never get to zero percent – but it could still go a lot lower

  • Written by Jay L. Zagorsky, Adjunct associate professor, Boston University

The U.S. Labor Department continues to release wonderful news for U.S. workers.

Just this week, on Sept. 20, the agency said that the number of Americans filing for unemployment benefits reached the lowest level in almost 49 years. Unemployment benefits track changes in the number of workers who are laid off by companies. When few companies lay off...

Read more: Why the unemployment rate will never get to zero percent – but it could still go a lot lower

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