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Employment is a lagging indicator. In the past, every time unemployment hit rock bottom, a recession followed.
by enraged_camel 3y ago
Employment is a lagging indicator. In the past, every time unemployment hit rock bottom, a recession followed.
- HDThoreaun 3y agoThat’s tautological though. Rock bottom will always be right before it goes up because that’s what rock bottom means. That doesn’t mean we know when it will go up.