2min chapter

Forward Guidance cover image

Fed Will Hike Rates Into Economic Train Wreck | Danielle DiMartino Booth

Forward Guidance

CHAPTER

The Birth Death Ratio

A lot of sole proprietorships or small businesses, owners, all business owners that they're kind of employing themselves. And if their business goes down, they're not filing for unemployment. Number three, tell us about the birth death ratio. I've heard that a few times, but I really don't understand that. The 37% of jobs created, it is an imputation based on the past five years of data.

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