Is The Job Market As Good As It Was At The End Of The Clinton Administration?

Is The Job Market As Good As It Was At The End Of The Clinton Administration?

The U.S. economy is going strong nearly a decade after the Great Recession. The unemployment rate was 4.0 percent in June 2018, and fell even lower earlier in the year (3.8 percent in May 2018) before ticking up as new job seekers entered the labor force.

In fact, the job market is now better by numerous measures than it was before the Great Recession. Unemployment has only been at or below 4.0 percent twice since 1960: from 1966 to 1969, and during the economic boom at the end of the Clinton administration in 1999-2000.

Back then, on Jan. 7, 2000, Marketplace […]

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