4min chapter

Forward Guidance cover image

Mike Green & Bob Elliott: "Hard Landing" In Store For Economy In 2024

Forward Guidance

CHAPTER

Analyzing the Potential Unemployment Rate in the Current Cycle

Mike and Bob discuss the potential unemployment rate during the current cycle, questioning the strength of the labor market and exploring the risks associated with interest rates. They also analyze the components of unemployment and how the aging labor force contributes to keeping unemployment low.

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