The elite always care about unemployment right around the time their asset prices go tits up https://t.co/b25hVgv4RW
— Darth Powell (@VladTheInflator) August 8, 2024
Only 25% of the unemployed is filing for unemployment benefits in July. That has further dropped from 31% in the beginning of the year —and this is while unemployment rate is rising. In comparison, the recipient rate was >40% pre-1990 and 2001 recessions. In this aspect, this… pic.twitter.com/eDFVJH2j9W
— Anna Wong (@AnnaEconomist) August 8, 2024