Question #4 for 2019: What will the unemployment rate be in December 2019?

Earlier I posted some questions for this year: Ten Economic Questions for 2019 . I'm adding some thoughts, and maybe some predictions for each question. 4) Unemployment Rate: The unemployment rate was at 3.7% in November, down 0.4 percentage points year-over-year.  Currently the FOMC is forecasting the unemployment rate will be in the 3.5% to 3.7% range in Q4 2019.  What will the unemployment rate be in December 2019? This first graph shows the unemployment rate since 1960. The unemployment rate has declined steadily after peaking at 10% following the great recession. Click......(read more)

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