# Prof. Lawrence White on the unemployment rate and state of the US economy

1 Faculty News August 3, 2014 ![Crain's New York logo](/sites/default/files/styles/246w/public/assets/images/con_031171.jpg?itok=74z5O7mn)>

Excerpt from [Crain's New York](http://www.crainsnewyork.com/article/20140803/BLOGS02/140809978/frothy-markets-ready-to-pop) -- "'A 6% unemployment rate is certainly better than the 10% we had a few years ago,' said [Lawrence White](http://www.stern.nyu.edu/faculty/bio/lawrence-white), an economist at New York University, 'but it's still not robust, and at the same time, people see the stock market at all-time highs.'"

[Read more](http://www.crainsnewyork.com/article/20140803/BLOGS02/140809978/frothy-markets-ready-to-pop)