Unemployment is not low. What it means is that new people applying for unemployment is down slightly because others have given up or their benefits have already run out.
It’s just like how BLS lies with statistics.
The participation rate and food stamps tell you more of the truth than the ridiculous unemployment smoke and mirror.
I remember 6 years ago there were 157 million working.
Today it is less than 130 million.
Honestly, where did the 27 million go? That is a lot of people.
How does BLS lie ? You just need to put together at least a dozen indicators to get a broader view of the labor market. They are all there, published by the... BLS.