Graham Stephan: a call with no clear direction

Said on Aug 17, 2022, at 0:41 in the video.

What was said
Graham Stephan

@grahamstephan

“since the 1950s the unemployment rate has never held below three and a half percent for more than a year every single time inflation peaks job losses rise and with the market beginning to soften it could be helpful to understand exactly what's going on”
Watch at 0:41Getting Fired | Why 20% Of Workers Could Lose Their Job
Predictiona call with no clear direction
What happened
Not scored

The direction of this call could not be determined with confidence, so it is held out of the score.

The window it was checked over

UnemploymentWindow checkedRecession (NBER)
0%5%10%15%20%201920202021202220232023Said on Aug 17, 2022
0%5%10%15%20%2019202120222023Said on Aug 17, 2022

Unemployment rate: U.S. Bureau of Labor Statistics via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

The direction of this call could not be determined with confidence, so it is held out of the score.

What was said around it

slashing forecast jobless claims tick higher pay cuts market slowdown okay so here's the deal despite the headline numbers about what appears to be a strong labor market there's no shortage of articles outlining a series of layoffs slowing demand and forecast for a destitute market that's just beginning to collapse and that got me thinking why did klondike discontinue the choco taco and are we barreling towards a market where people are about to lose their jobs after all since the 1950s the unemployment rate has never held below three and a half percent for more than a year every single time inflation peaks job losses rise and with the market beginning to soften it could be helpful to understand exactly what's going on what this means for you if the jobs market is about to drop and how this is going to affect your wallet before it's reported anywhere else although really quick if you appreciate the investigative research to get to the bottom of what's really going on it would mean a lot to me if you employed that like button by giving it a gentle tap or subscribing if you haven't done that already doing that helps out the almighty youtube algorithm and as a thank you for doing that here

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