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Jeremy Horpedahl highlights that the prime-age employment rate is now close to its all-time high, with only the late 1990s showing a slightly higher level.
This update suggests a strong labor market performance in recent months.
Horpedahl has previously noted that U.S. GDP per capita has risen by about $60,000 over time, a gain that outpaces similar measures in other countries (link). He also reported that while most Americans view their own finances positively, only a quarter rate the national economy as good (link). These observations provide further context for his recent commentary on labor market strength.