American Prosperity and Full Employment

With the headline unemployment rate below 5 percent, it’s often said that the U.S. economy is near “full employment” and a rapid, sustained growth surge is nearly impossible.  But, what does the data tell us?  What are the implications?  How can managers, employees, and investors make the most of the situation?  We’ll explain.

A growing GDP is crucial if we’re going to have rising affluence and be able to keep Americans healthy, happy, and safe.  GDP increases in just five ways:&nbs.....