Unemployment Going Into the Polls The October unemployment rate in a presidential election year has rarely been this low. “These are all signs that the labor market continues to strengthen and is at its strongest point since the crisis,” Mr. Kolko said. Additional jobs would most likely push the unemployment rate further down, while fewer could lift it. PhotoRecord low participation rates in the labor force, however, suggest that a sizable number of people might be lured back into the work force for the right job at the right wage. “If you can pay above market rate, it’s a sign of appreciation or respect,” said Mr. Bolotsky, who supports an increase in the mandated minimum wage.

Source: New York Times November 04, 2016 09:00 UTC