Birdwatch Note Rating
2024-02-15 21:37:51 UTC - HELPFUL
Rated by Participant: E6FDCAAB5BFCD4C700D66167EA9EB68A6627BC9C1099439CD612CBE593E3945B
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Original Note:
One should be careful when interpreting economic data. Recession is characterized by substantial decline and high unemployment rates. Those indicators are not evident in the UK or Japan at this time. https://www.imf.org/external/pubs/ft/fandd/basics/recess.htm https://en.wikipedia.org/wiki/Recession https://www.barrons.com/news/uk-unemployment-dips-to-3-8-at-end-of-2023-official-5b582ebd https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpfirstquarterlyestimateuk/octobertodecember2023 https://www.wsj.com/world/asia/japan-economy-shrank-slightly-in-final-quarter-of-2023-d026592a
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