Episode 288: What's a Recession?
Words & Numbers
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Are You Unemployed?
Tucson's unemployment rate is about the same as it was prior to COVID. But there are an extra million workers that have dropped out of labor force, he says. A lot of them have been unemployed since 2020; they're no longer unemployed by standard definitions. "There's all kinds of weirdness that goes on there brought about by the COVID lockdown"
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