Re:Workers’ Pay Globally Hasn’t Kept Up with Inflation
by SideQuark on Wednesday February 22, 2023 @02:49PM
(#34901594)
>has been deemed to occur in retrospect according to today's terms
Yes, that graph shows the "retrospect" recession start, and every one is after unemployment rises. But not every rise in unemployment yields a recession.
Currently there is not a rise in unemployment.
Where as soon as each official recession has been deemed to occur in retrospect according to today's terms, then unemployment shoots up since so many people are kicked out.
As we have seen.