Coin Bureau: Unemployment will rise

The window it was checked over

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.

What was said around it

means asset markets will continue to crash as people sell off their assets to meet their debt obligations mortgage rates will continue to climb too and this will cause the cost of new housing to continue its current fall at some point all the people who purchased extra properties for investment purposes will start to wonder whether it makes more sense to sell and some of them probably will if the value of their other assets has collapsed note that pension funds have lots of money in the stock market now as quarterly earnings reports continue to come in short companies will accelerate the rate at which they're laying off employees and likely begin cutting salaries starting with top executives this will result in less leisure and business travel which will mean lower profits for all those airbnb owners many companies will also probably ditch their office spaces to cut costs if they know their employees can work from home and this will lead to a huge increase in available real estate in you guessed it the busiest parts of the busiest cities some of these commercial units will probably be purchased and turned into long-term rental properties which will cause rents to drop squeezing more conservative

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