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Shit like this is why we had the layoffs we say at the beginning of the year. It was all hysteria made up by a bunch of idiots who want a recession for…. Reasons.
The economy is strong, inflation is down overall (though still high), and unemployment has been below 4% for nearly 2 years, something we haven’t seen for more than 20 years.
The recession we’ve seen this year is fake.
Just remember that low unemployment often means severe "underemployment" as people with degrees and other qualifications are forced to take jobs that pay significantly less.
That can be true at any time
Yes, but it still is important to consider when "low unemployment" is touted as the sign of "good times."