Episode 288: What's a Recession?
Words & Numbers
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We're Not Seeing a Big Rush in Unemployment
We're not seeing a big rush in unemployment, but we are seeing wages dwindling. So while we don't get a 3% addition to the unemployment figure, we do see 3% lower wages. And when you start thinking about this, and you start looking back in time, Bill Clinton saying it's the economy stupid.
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