What Is A Good Unemployment Number, Really?

Jan 3, 2013
Originally published on January 3, 2013 4:50 am

On Friday, new unemployment numbers will be released for December. In last month's report, the unemployment rate dropped to 7.7 percent, a four-year low. For a preview of the labor market prospects for the new year, Steve Inskeep talks to Nariman Behravesh, chief economist at IHS Global Insight, an international consulting firm.