Commuters headed to workgettyThe August unemployment level is up to 4.3%. However, that level remains a positive indicator. Why? Because it is well below the historical median level of 5.5%. A full 75% of all the post-World War II months had a higher unemployment level. The two graphs below show this historical comparison:The current unemployment picture looks fineJohn Tobey (FRB of St Louis - FRED)An easier way to see where the current unemployment rate stands is to sort all the months by size:Current unem ...

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