Break out the finest meats and cheeses! Thanks to Geoff for doing all the legwork.
Finally the slowing of the unemployment rate increase has arrived. We’ve been waiting for months for unemployment to show signs of topping out, and it looks like it may be happening at last. The unemployment rate for June only went up 0.1%; much less than in previous months, and finally deviating from the near-linear increase we’ve seen since last year.