4 ms·

I wouldn't read too much into a few percentage points differences at 1) single digit values and so close to the overall unemployment rate, 2) at a single timepo

I wouldn't read too much into a few percentage points differences at 1) single digit values and so close to the overall unemployment rate, 2) at a single timepoint. Good data to think about and resonant with common concerns here, but perhaps no need to panic just yet.

9rx 1y ago
> at a single timepoint. And arguably the worst possible timepoint to look at to boot. Layoffs were running amok, while the AI boom, and what reinvigoration it brought to the industry, hadn't happened yet. ChatGPT was only a month old at the time.