Mark Heschmeyer

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    • Thu Jun 19th 09:03 AM
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      The Unemployment Severity Index
      While the unemployment severity index may be low, it is clearly heading up. The peak (or nadir more exactly) of the last two recessions were in 1991 and 2001. The unemployment severity index did not peak until 12 to 18 months later. It will be interesting to see where the chart is next summer.
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