World

Falling Unemployment Shouldn’t Be a Bummer

April 18 (Bloomberg) -- If you were to step back and look at the U.S. unemployment rate, you would see that it moves in big, sweeping arcs, up and down. Yes, there can be small month-to-month reversals, but it has a clearly defined trend for an obvious reason: It tracks the business cycle.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.