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Low Unemployment Endures as Rates Remain Elevated [VIDEO]
The unemployment rate remains low despite elevated interest rates. Why has a low unemployment rate endured this time around?
![Low Unemployment Endures as Rates Remain Elevated [VIDEO] Thumbnail](https://static.twentyoverten.com/5f36d49bcddaad14166c537b/nCEb_QIUD4q/3-Thumbnail-Low-Unemployment-Endures-as-Interest-Rates-Remain-Elevated.png) 
The unemployment rate remains low despite elevated interest rates. Why has a low unemployment rate endured this time around?
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The future path of interest rates remains uncertain. With cuts by the Fed widely expected in 2024, investors anxiously await the Fed’s next steps.
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The gap between headline interest rates and effective rates on debt has shielded the economy from elevated interest rates.
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Artificial intelligence (AI) has garnered headlines this year with the success of the "Tech Titans", but diversification still matters.
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The U.S. consumer plays an important role in the economy, accounting for almost two-thirds of U.S. gross domestic product (GDP).
![Why Interest Rates Could Remain Elevated [VIDEO] Thumbnail](https://static.twentyoverten.com/5f36d49bcddaad14166c537b/qfR45dEfGOL/Higher-for-Longer.png) 
The most direct economic link between the 1970s and today is inflation. Although the numbers differ, a similar pattern has emerged.