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E89: GDP growth negative in Q2, $SHOP layoffs, Alzheimer's fraud, Ginkgo acquires Zymergen & more
All-In with Chamath, Jason, Sacks & Friedberg
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The chamber of commerce says that three point two, five million fewer americans are working to day than they were in february 20 20. And yet the unemployment rate is still on the three % range. The reason is because if somebody drops out of the labor force and isn't looking for work, they don't get count of the unemployment rate. So i don't think th economy is that healthy. I me, like we talked about, all of a sudden we can't know what a recession is.
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