Doom & Gloom Report
Sometimes we get so myopic as a nation that we fail to see the facts staring us in the face.
So let's talk facts.
The U.S. is at full-employment. There are varying definitions of full-employment, but 4.7% is right in the middle of the range of the varying definitions. So regardless of how it's defined, we're right there.
Compare this with our friends in Europe:
France 9.2%
Germany 8.3%
Italy 7.5%
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