We look at the unemployment statistics in the newspaper and see a blended picture of all Americans. Currently, we are told, 4.6% of Americans who are looking for a job are unable to find one. But what is the figure for adult men and women over age 20? Or for people with a high school diploma vs. those who are college-educated?
Headlines told us that the U.S. economy added 178,000 jobs in November, dropping the unemployment rate to 4.6%—the lowest level since August 2007, and surely an improvement over the 10% rates of the Great Recession. Those numbers represent great news, and indicate that the country is in strong shape as President-elect Trump takes office.