All-In with Chamath, Jason, Sacks & Friedberg
Biden chaos, Soft landing secured? AI sentiment turns bearish, French elections
David Sacks
Well, in June, unemployment was 4.1%, the highest since 2021, up from 4% in May. Here's the stunning chart of unemployment since 1948. In April 2023, unemployment bottomed out at 3.4%, the lowest since any of us were born, 1969. And you can see here there's been an uptick from this incredible historic low. So, Soft landing appears to be working. The jobs market slowing down.
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