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How Much Can Unemployment Really Rise Without a Recession?
History would say that you can only see enout a small increase in the unemployment rate without going into recession. So how much can unemployment actually rise without tipping the us? Into a full blown recession? And then secondly, when when you look at something like jolts falling, and we just have the jolt numbers come out to day, we're recording this on august second, we saw a higher than expected drop in job openings. How concerning is something like that to you, given your new frame? A decline in job openings is not concerning. In facta in my view, it's, it's a good thing, because we need a inno re balancing of the labor