In spite of last week's better-than-expected jobs report, many intelligent observers seem convinced that the unemployment rate, which fell nominally to 9.4 percent last month, will nevertheless almost certainly hit 10 percent or higher before the situation really rights itself. Here's the New Republic's Noam Schieber making the case. Here's the White House. Here's Intrade, where you can make about 2:1 on your money if the unemployment rate is below 10 percent in December.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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