Unemployment Set to Improve, But Only So Much

The jobless rate's "natural" set point is significantly higher than it was pre-recession.

FE_DA_RecessionOver_0921.jpg

As long as unemployment is above 6.5 percent and inflation is stays below 2.5 percent, the Federal Reserve suggested it will keep interest rates near zero.

By SHARE

"It's not a structural change. It's not something that's going to stay with us forever," he says.

More News:

  • CEOs Propose Raising Retirement Age, Means-Testing Social Security
  • How Girl Scout Cookie Sales Stack Up Against Big Brands
  • Where the Government Puts Your Payroll Tax Money