<p>The unemployment rate for May was much lower than forecasters predicted, even though it should have been obvious that as the economy was allowed to reopen following the coronavirus shutdown, unemployment would drop.</p>
<p>On Friday, the Bureau of Labor Statistics revealed the unemployment rate had dropped to 13.3% for the end of May, The Daily Wire previously <a href="https://www.dailywire.com/news/unemployment-rate-shocks-wall-street-drops-to-13-3-biggest-one-month-job-gain-since-1939">reported</a>. The drop shocked media outlets, who seemed to be disappointed that the number didn’t surge to 20% as predicted by Dow Jones experts.</p>

Unemployment Rate Higher Than Originally Reported Due To ‘Misclassification Error,’ Still Lower Than Predicted

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Ep. 2738

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Ep. 2737
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Unemployment Rate Higher Than Originally Reported Due To ‘Misclassification Error,’ Still Lower Than Predicted