Graham Stephan: a call with no clear direction

Said on Sep 19, 2022, at 8:06 in the video.

What was said
Graham Stephan

@grahamstephan

“since 1955, the unemployment rate has never held below 3 1.5% for more than a year.”
Watch at 8:06Why 25% Of Workers Just Quit 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%201920202021202220232024Said on Sep 19, 2022
0%5%10%15%20%2019202120222024Said on Sep 19, 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

within their career, and wants to make more money, it's often better to do a little bit more than expected. And by doing so, you'll make a lasting impact and stand out over the competition. In addition to that, it also serves as a safety net in the event we see a severe recession with mass layoffs. Because like it or not, throughout recessions, we tend to see a complete contraction across the entire economy, including job losses. I would take this extremely seriously because even though it's easy to quietly quit while unemployment is at an all-time low, since 1955, the unemployment rate has never held below 3 1.5% for more than a year. So, even though quiet quitting could give you a better work life balance temporarily, it also comes at the cost of probably being the first to get cut in the event of a downsize, especially when 74% of your colleagues are still doing more than what's expected. At the same time, though, not everything is the responsibility of the employee and employers also have to be held accountable to make sure their employees are treated fairly, compensated appropriately, and make sure their work is appreciated. Now, that doesn't mean that everyone gets a participation

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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