Why Can't the Poor be Like Us?

[whell]

Interesting day that you chose to post the article in your OP, what with unemployment falling to below 3.8% last month..

https://www.wsj.com/articles/unemplo...may-1527856298

“It’s pretty hard to argue that the labor market is anything but right in the sweet spot,” said Dan North, chief economist at Euler Hermes North America. “There is tremendous demand for labor right now.”

U.S. employers have added to payrolls for 92 straight months, extending the longest continuous jobs expansion on record. And those gains are extending to all corners of the labor market.

The unemployment rate for women, 3.6% last month, was the lowest since 1953, when far smaller share of women sought jobs. The jobless rates for blacks, Latinos and those without high-school diplomas are trending near record lows.