What Goldman's Crystal Ball Shows About Returning to 'Normal' U.S. Employment

NEW YORK (TheStreet) --  When will employment return to normal in the U.S.? It depends on how you count the number of people looking for work. The Labor Department reported a jobless rate of 5.5% in May, according to a narrow measure that counts people available for work (as opposed to, say, full-time homemakers or retirees) who looked for a job in the past month. Under that measure, known as the U-3 rate, the nation would achieve what the Federal Reserve currently considers maximum employ...