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◆ Did the US unemployment rate fall below 4% in 2024?◆ Is it true that renewable energy is now cheaper than coal?◆ Did global CO2 emissions decrease last year?◆ Has the US national debt exceeded 34 trillion dollars?◆ Did voter turnout increase in the last presidential election?◆ Is inflation in the eurozone below 3%?◆ Did the US unemployment rate fall below 4% in 2024?◆ Is it true that renewable energy is now cheaper than coal?◆ Did global CO2 emissions decrease last year?◆ Has the US national debt exceeded 34 trillion dollars?◆ Did voter turnout increase in the last presidential election?◆ Is inflation in the eurozone below 3%?
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VerdictTRUE
The Claim

"Did the US unemployment rate fall below 4% in 2024?"

Bottom Line

The U.S. unemployment rate fell below 4% during the first four months of 2024, remaining in a narrow range between 3.7% and 3.9% before increasing to 4.0% in May.

Analysis

In January 2024, the U.S. unemployment rate was 3.7 percent, marking the third consecutive month at that level. It then increased slightly to 3.9 percent in February 2024. The rate subsequently decreased to 3.8 percent in March and rose back to 3.9 percent in April.

These figures, reported by the U.S. Bureau of Labor Statistics, indicate that the unemployment rate remained below 4.0% for the first four months of the year. In May 2024, the unemployment rate reached 4.0 percent. Subsequently, it continued to rise, reaching 4.1 percent in June and 4.3 percent in July. The annual average unemployment rate for 2024 was 4.0 percent.

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