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unemployment rateChristian Science Monitor
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76% Informative
Unemployment has been incredibly low and consumer spending abnormally resilient.
But consumers have proved dour, unwilling to give President Biden much credit because of the sting of recent high inflation and continuing sky-high housing costs.
On Friday , the Labor Department reported that the unemployment rate rose to 4.1% , the highest rate since 2021 .
Inflation topped the list of voter concerns, Pew Research found in May .
Core inflation, which soared above 9% two years ago , has fallen by nearly two-thirds .
While workers have been hit with higher prices, the remarkably strong job market has helped to compensate.
For more than a year now, wage gains have outpaced the rise in prices.
VR Score
81
Informative language
80
Neutral language
48
Article tone
semi-formal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links