AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
How High Can the Unemployment Rate Go in Every Recession?
Last week we talked about how high could the unemployment rate go in every recession? And i kind of ball parked it on the show. The average low for before recession is round four per and then where it goes to, on average, after a recession happens, is around eight and a half%. So you essentially get a doubling of the unemployment rate, basically during every recessin ive. We Screened two point four five million air passengers on friday, highest number since february 20. Then two days later, we just hit another record on sunday, two point four six million at airports. I don't see how you could have so many people travelling and spending money, because