Surveillance: Policy Mistakes with Chiavarone (Podcast)
Bloomberg Surveillance
00:00
How Fast Does the Employment Dynamic Change?
On average, you can go from the cycle lowin claims to a recession within 12 months. So there's no historic relationship between how strong a labor market is coming in and how fast they can deteriorate. And we may find that the excess inventory that we have this cycle was employment in certain sectors.
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Transcript
