CNBC's "Last Call" cover image

Is the Fed Looking at the Right Jobs Data? 7/7/23

CNBC's "Last Call"

00:00

The U6 Number Is Good News, but Not Good News

"I am absolutely concerned that the black unemployment rates spiked back up after being significantly reduced last month," he said. "There are areas of great concern, but on an overall basis, when you have 17 months of an unemployment rate below 4%, 3.9 million people more working today than in 2020."

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