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The article also notes that the unemployment rate hasn't been above 50% in any of the last 4 or so major recessions. It also doesn't say what the baseline is. I
by replicatorblog 17y ago
The article also notes that the unemployment rate hasn't been above 50% in any of the last 4 or so major recessions. It also doesn't say what the baseline is. Is 48% unemployment in this bracket the norm? If so this is just economic sensationalism.