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The Conversation USA

The Conversation USA

What is full employment? An economist explains the latest jobs data

  • Written by Jay L. Zagorsky, Economist and Research Scientist, The Ohio State University
Jobs a-plenty.AP Photo/Danny Johnston

The latest jobs report has gotten a lot of analysts, policymakers and talking heads once again asking whether the U.S. is at full employment.

The Bureau of Labor Statistics reported on May 4 that the U.S. unemployment rate fell to 3.9 percent, which is the lowest level since December 2000. The unemployment rate...

Read more: What is full employment? An economist explains the latest jobs data

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