2min chapter

What Goes Up cover image

Citi Sizes Up the Markets

What Goes Up

CHAPTER

The Unemployment Ratio Isn't Going to Rise by a Few Ticks

Byti: The unemployment rate doesn't tend to just kick up by a few ticks. Right now we're at three point six %, i think there is some room between that and what the bed considers full employment. I think they can accept the unemployment rate rising to some extent. You know, you're kind of treading into dangerous territory, thinking that you can swerve just at the right moment so you don't, you know, have to avoid a unnecessary job loss.

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