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At least $3 trillion stimulus package is needed to bring the real unemployment rate in the United States to 3.5%.

At least $3 trillion stimulus package is needed to bring the real unemployment rate in the United States to 3.5%.

â–³Source: Reuters

According to Yahoo Finance, the research of Foundations Collaborative, an economic think tank, found that to reduce the real unemployment rate in the United States to 3.5% requires a stimulus plan of $3 trillion to $4.5 trillion.

The latest economic stimulus bill currently discussed by the United States is only 908 billion US dollars, and it has not yet been passed. The findings of this study are based on the unemployment rate of 13% in the United States in November.

While the U.S. official unemployment rate for November was 6.7%, economists warned that the real unemployment rate was much higher if you took into account the decline in labor force participation since February.

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