>the rate now stands at its lowest level since 1976. What makes the move even more striking is the abruptness of the change Nothing to see here, just another o

>the rate now stands at its lowest level since 1976. What makes the move even more striking is the abruptness of the change Nothing to see here, just another one of those things that hasn't happened since the Nixon Recession. Coincidentally at a time when government economists made adjustments to statistical reporting to also include stepwise offsets and discontinuities, specifically to "compensate" for a new paradigm that could not be ignored because of how much worse things would look if calculated the "old" way.