Still in a funk
Posted: January 16, 2014 at 4:26 a.m.
The U.S. unemployment rate dipped to 6.7 percent in December, stirring considerable joy in Mudville. But before we spend time shouting hurrah, we should bear in mind a few other facts—and recall that not so long ago an unemployment rate of 6.7 percent would have been considered scandalous.
This story is only available from our archives.
Editorial, Pages 16 on 01/16/2014