Love your commentary & would be really interested in your thoughts.
"We expect that in September and/or October, unemployment will rise...because more people are getting nervous about the darkening recession clouds on the horizon (perhaps real or maybe just imagined) and are jumping off the sidelines into the job market to lock in a job before the possible storm hits."
Sorry, did you mean *employment* would rise (and unemployment rate would fall) b/c more potential employees would lock in a job before the storm hits?
Also, that dynamic makes complete sense, but is there anyway to falsify whether or not that's actually why more employees would be agreeing to jump off the sidelines now?
Love your commentary & would be really interested in your thoughts.
"We expect that in September and/or October, unemployment will rise...because more people are getting nervous about the darkening recession clouds on the horizon (perhaps real or maybe just imagined) and are jumping off the sidelines into the job market to lock in a job before the possible storm hits."
Sorry, did you mean *employment* would rise (and unemployment rate would fall) b/c more potential employees would lock in a job before the storm hits?
Also, that dynamic makes complete sense, but is there anyway to falsify whether or not that's actually why more employees would be agreeing to jump off the sidelines now?