Will unemployment be at least 7% in November 2024?
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This resolves with the BLS nonfarm payroll report released in mid December 2024 that reports on the November unemployment rate. We do not account for later revisions.
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Can you share an example link from which this will be resolved? Cheers
eg: https://www.bls.gov/news.release/empsit.nr0.htm
Household Survey Data
The unemployment rate rose by 0.2 percentage point to 3.9 percent in February, and the
number of unemployed people increased by 334,000 to 6.5 million. A year earlier, the
jobless rate was 3.6 percent, and the number of unemployed people was 6.0 million. (See
table A-1.)
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