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The Fed's Raise Rate on Unemployment Rate
Job growth of 200-250k is consistent with stable unemployment. But that's not sustainable though, for long, right? Even underlying demographics doesn't feel like we can sustain it. Unemployment points are going to start declining again. Wage growth is going to start accelerating again. The Fed is going to starting raising rates again,. Although it's been... I mean, surprisingly, as you say, they could keep showing up. Chris: Overall, employment to population is still below pre-pandemic levels. And that goes to one of the reasons why participation hasn't recovered yet.