4min chapter

Moody's Talks - Inside Economics cover image

Debt Limit Relief, Labor Market Disbelief

Moody's Talks - Inside Economics

CHAPTER

The 79 Barrel of PTO

The number 79 is not a percent, it's just the number 79. Is there units to it or is just 79? You can't tell us the units. It takes this morning's report into consideration. The number of times the unemployment rate is moved more than two tons of a percentage per single month. Two-thirds of them occurred either in a recession or immediately proceeding of recession.

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