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We all knew that parabolic trends were never sustainable in the first place. This is all perfectly natural. There is nothing to see here. Please disperse.
Source Data:
St. Louis Fed: College Graduate Unemployment Rate
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
2 comments:
Great to see a new parabolic trend failure. Thanks!
Fred
Hey Fred!
Parabolic trend failures are, of course, an acquired taste. Not everyone would feel as you do, like say, unemployed college graduates aged 25+, lol. Sigh.
Gallows humor. My girlfriend is unemployed. She's a college graduate. D'oh!
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