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The Downside of Low Unemployment

The Downside of Low Unemployment

The U.S. economy added 2.6 million jobs in 2018, as employment continued to shine under Donald Trump's presidency. Since U.S. unemployment peaked at around 10% following the 2008–09 financial crisis, the recovery in the job market has dragged the unemployment rate to its lowest level, at 3.9%, since 2000. The unemployment rate dropped even lower to 3.6% in April 2019.