A Recession Indicator With A Perfect 70-Year Record Is About To Be Triggered
by Mac Slavo of SHTFplan The unemployment rate has been a perfect forecaster of a recession in the past 70 years, and it appears to be edging closer to triggering that signal. “It’s never been wrong. It’s something to watch,” said Joseph Lavorgna, chief economist for the Americas at Natixis. As the unemployment rate hovers around 4% (the number reported … Read more