Unemployment Rate in U.S. stands to hit 32% says Federal Reserve

Re:Unemployment Rate in U.S. stands to hit 32% says Federal ... by awaythrower on Sunday April 05, 2020 @07:45AM (#22785106)

Stagflation ahead.

https://www.cnbc.com/2020/03/19/what-comes-after-coronavirus...

Get ready for 'stagflation'

https://youtu.be/6psKnT5a4Gg

Also, the US unemployment numbers are highly-politicized and manipulated. For one, they fail to account for the labor force participation rate, livable wages, employment hours desired vs. actual, having to work multiple jobs while being unable to save, or not/having healthcare.

[ Parent | on HN ]

Re:Unemployment Rate in U.S. stands to hit 32% says Federal ... by RickJWagner on Sunday April 05, 2020 @10:23AM (#22785685)

I hope not. I remember stagflation from the Carter-era, it was a pretty dismal time.

[ Parent | on HN ]